The newly released Indian Family Office Playbook is a first-of-its-kind thought leadership publication by Julius Baer, developed in collaboration with EY. Against the backdrop of rapid transformation in India’s wealth landscape, the playbook offers a timely, data-backed guide for ultra-high-net-worth families navigating the complexities of legacy, governance, and growth.
The rise of family offices in India
India is witnessing a sharp increase in the number of family offices, from just 45 in 2018 to nearly 300 in 2024. With approximately 13,000 UHNW families today, expected to grow to 19,000 by 2028, the segment is expanding rapidly. A projected USD 1.3 trillion in intergenerational wealth transfer over the next decade has further intensified the need for structured family office models in the country.
Link to article – https://www.juliusbaer.com/en/insights/wealth-insights/family/the-indian-family-office-playbook/
Link to PDF – https://www.juliusbaer.com/fileadmin/publications/The_Indian_Family_Office_Playbook.pdf