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Laxman Pai, Opalesque Asia:

The Family Office Operational Excellence Report 2025, produced by Campden Wealth alongside AITi Tiedemann Global revealed that cross-border wealth is on the rise as a significant and growing proportion" of ultra-HNW families now have members living in multiple countries.

"57% of family offices surveyed reporting at least one family member residing outside the primary jurisdiction of the office," said the report that surveyed 146 family offices - 82 respondents from North America, 42 in Europe, and 22 in Asia.

Family offices in Europe (76%) and Asia Pacific (67%) are significantly more likely to have non-domiciled family members compared to those in North America (47%).

89% consider that experienced investment professionals are the most critical driver of investment success and 79% outsource at least part of their investment management. When it comes to getting access to top-tier managers in alternative asset classes, size of team and strength of networks are key factors.

C-level compensation constitutes between 39% (large family offices) to 72% (small family offices) of total costs. 79% of family offices report difficulty hiring staff, and over half are concerned about retaining key staff.

Asia Pacific families report far greater ease in recruiting new talent compared to their peers but find it harder to retain talent. Conversely, North American family offices find retaining talent relatively easy but struggle more wit......................

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