SMI thought leadership graphic illustrating the journey from awareness and formation to governance, succession, continuity, and enduring legacy, represented by chess pieces leading to a king and a rotted legacy tree.

M ost family offices are younger than people realize. A global survey conducted by the UBS in partnership with Campden Wealth revealed a striking reality: 68% of family offices were founded in 2000 or later, and more than a third were established after 2010. This means that the majority of family offices operating today are not mature institutions. They are still in their formative years. Many were created by first-generation wealth creators—entrepreneurs, founders, and busin