AI Adoption in Family Offices Report

This report discusses the evolving role of artificial intelligence (AI) in family offices, highlighting the distinct challenges and opportunities they face compared to institutional investors. The document outlines how family offices prioritize privacy and efficiency while managing both institutional-grade investments and personal family matters. It presents findings from discussions with family office principals and chief investment officers across various regions, revealing differing levels of AI adoption. The report indicates that while only 22% of family offices currently utilize AI for operational tasks or investment analysis, this figure has increased from 13% in 2024, suggesting a gradual acceleration in adoption. Key barriers to AI implementation include a lack of internal expertise, awareness of available options, and concerns regarding cybersecurity. The report emphasizes that family offices view AI as a tool to automate routine tasks, allowing human members to focus on strategic decision-making and relationship management, rather than as a replacement for human involvement in investment decisions.