Family office philanthropy strategy is evolving as wealth passes to younger generations who are embedding structured giving more deeply into governance frameworks. Swiss private bank Pictet estimates about 17,000 family offices worldwide control more than USD10tr in assets, with nearly three‑quarters managing families’ philanthropy and impact ambitions. The shift is being reinforced by the great wealth transfer projected to reach USD70tr by 2045, with Cerulli Associates estim

A global family office talent squeeze is intensifying as younger heirs take control and reshape investment priorities, according to a report by IMD and the Family Business Network. Based on 186 survey responses and 65 interviews conducted across six continents in the first half of 2025, the study found next-generation leaders are pushing impact investing, sustainability, technology upgrades and diversity when hiring advisers. Demand has risen sharply for alternative-asset ana