APAC Family Offices Lead in Succession, Citi Global Report Shows

Asia-Pacific family offices succession planning is ahead of global peers, with 43% already transferring wealth to second-generation leaders, according to Citi’s 2025 Global Family Office Report. Education topped priorities for 73% of respondents, followed by external professional experience (47%), internal roles (45%) and mentoring (45%). Despite concerns about trade disputes (61%) and US-China tensions (53%), 83% of Asia-Pacific family offices expect portfolio returns above 5% this year, in line with the global average. The region is also one of the most internationally oriented, with 76% maintaining global investment exposure. The survey covered 346 family offices across 45 countries, with 29% in APAC and 47 overseeing more than USD500m in assets.