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Bank of America Family Office Study: Next Generation Set to Reshape Family Offices

Source: prnewswire.com

Private Markets & Venture
Bank of America Family Office Study: Next Generation Set to Reshape Family Offices

About one-quarter of the family offices surveyed had experienced a transition in the prior decade; among those, only 37% said the incoming principal was very prepared. The article says private markets, direct investments and other alternative assets—including sports ownership—are shaping family-office portfolios.

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