2023 Landscape of Family Wealth Study

Stay ahead of the curve.

As a leader in the family wealth space, you understand that staying on top of the latest trends and benchmarks is critical for success. That's why we're excited to announce the launch of our 2023 survey on The Landscape of Family Wealth, designed to help you gain a competitive edge.

The industry is changing rapidly, with new entrants complicating the landscape, M&A activity on the rise, and firms evolving their strategies faster than ever before. To stay ahead of the curve, you need access to high-level trends, future-forward approaches, and success benchmarks specific to the family wealth space.

Open for participation until July 31st, our 2023 Landscape of Family Wealth Survey is designed to provide just that.
 

As always, your participation in the survey will grant you access to the final report.

Your Payoff:

• Obtain a complimentary report of our findings in exchange for your participation
• Validate your firm's growth strategy
• Get a clearer picture of success benchmarks across the industry
• Gain valuable insights into the latest trends and developments in the family wealth space
• Understand how the competitive landscape is evolving and what it means for your firm
• Discover where the industry is headed and how you can stay ahead of the curve
• Receive an invitation to attend The Alliance’s 2023 Fall Forum, Oct. 18-20, where we will unveil our findings and share our insights, best practices, and industry trends (first come, first served; non-member rates apply)
  

Who’s suitable to participate?  This is a study on the evolving landscape of family wealth in North America; as such, we are looking for a wide range of participants. If your firm advises UHNW clients on integrated wealth strategy and you wish to benchmark key success metrics and get an up-to-date view of the competitive landscape, you should participate. Eligible participants would likely be one of the following:

• Multifamily Office/MFO
• External CIO
• Wealth Management Firm/RIA
• Trust Company
• Private Bank
• Professionally run single family office (SFO)
• Accounting or law firm with a family office practice

If your firm does not provide integrated wealth strategy to UHNW clients, you would not be a candidate for this study.

For the purposes of this study, UHNW clients are those with $20 Mn or greater net worth. Firms are not required to exclusively serve UHNW clients to qualify, but should offer a range of the following services geared towards an UHNW client base, above and beyond investment management and wealth strategy:

• Client Reporting and Technology
• Tax Planning and Compliance
• Estate and Wealth Transfer
• Trust and Fiduciary Services
• Risk and Security Management
• Strategic Philanthropy and Administration
• Family Governance, Meetings, and Education
• Administrative/Lifestyle Management

Confidentiality & Non-Disclosure: Given the sensitive nature of the information your firm is being asked to share, all survey responses will be reported in the aggregate only. Participating firms will be listed; their individual responses will not. A complete Statement of Confidentiality and Disclosure is included at the beginning of our survey and at the bottom of this page.

Questions? Email Brandelynn Perry, Senior Director of Strategic Planning: Brandelynn@FWAlliance.com. 

We appreciate your participation and look forward to sharing our results and insights later this year.

Maria Chrin

Founder and Managing Partner
Circle Wealth Management

Paul Ferguson

Director of Relationship Management,
Schwab Advisor Family Office
Charles Schwab & Co, Inc.

Chad Maggard

Managing Director, Principal
Johnson Family Office Services

Betty Pettine

Director of Philanthropic Consulting
Callan Family Office

David Plotts

Director of Wealth Strategy and Planning
Glenmede

FWA Statement of Confidentiality and Nondisclosure

Family Wealth Alliance, Inc. (FWA) acknowledges the proprietary nature of the responses supplied by your firm to this survey. FWA agrees to treat confidentially all information provided by your firm except for your organization's name as a participant. Single family offices (SFOs) will not be named in the report and we will keep their identity anonymous. ALL RESPONSES ARE CONFIDENTIAL. Your individual firm data will not be shared outside of the FWA Study administrators without your permission. Firm data will be published only in aggregate form to disguise individual results.

By participating in this research project and completing this questionnaire, your firm: 1) acknowledges that the questionnaire constitutes valuable confidential business information of FWA; and 2) agrees not to disclose the contents of the questionnaire or related materials to any person outside your organization; and 3) affirms that the information you have supplied is believed to be true and correct.

FAMILY WEALTH ALLIANCE, INC., ITS PARENT AND THEIR RESPECTIVE AFFILIATES, ARE NEITHER RESPONSIBLE NOR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, PUNITIVE, OR OTHER DAMAGES WHATSOEVER ARISING OUT OF OR RELATING IN ANY WAY TO THE STUDY OR THIS AGREEMENT, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY AND WHETHER OR NOT ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. FAMILY WEALTH ALLIANCE, INC. HEREBY DISCLAIMS ALL WARRANTIES, EXPRESS AND IMPLIED, RELATING TO THE STUDY.