Asia-Pacific set to outpace all regions in family office set-ups by 2030, Deloitte says

The number of family offices and the amount of wealth they manage are expected to surge over the next six years, with growth in Asia-Pacific projected to surpass the pace in other regions including North America, according to a report by Deloitte.

Single family offices in Asia-Pacific could increase by 40 per cent to 3,200 by 2030, and by 32 per cent to 4,190 in North America, Deloitte Private said in its global report released on Wednesday. The Middle East is still a “nascent” market, which is projected to expand 21 per cent by 2030 from 290 offices currently.