The Evolving Risk Landscape for Family Offices: A Dentons Survey Report

Today, we launch our global family office risk management survey. Read the full report: https://lnkd.in/gAzyR9TM.

Family offices face a global deficit on privacy and are exposed to countless threats – cyberattacks, geopolitical upheaval, insider threats, legal and regulatory troubles, physical danger, and health problems. All too often family offices do not have the resource depth to deploy sophisticated enterprise risk management systems.

Risk management culture at family offices remains inadequate at best. 

The Dentons Family Office Group surveyed over 200 family offices from more than 30 countries to develop our global risk report, titled 'The Evolving Risk Landscape for Family Offices”.

Much has changed since our last risk and threat assessment, conducted in the midst of the COVID-19 pandemic. We have now witnessed many new developments, including hybrid work models, information warfare by nation states in our digital lives, the advancement of artificial intelligence, and rapid medical innovation. 

Family offices continue to be hampered by resourcing challenges across core functional areas and mindsets, as identified in our last risk report. Families continue to have reactionary risk mindsets, lack robust insider threat programs, and see technology as a risk management panacea.

This report covers the main findings mined from a rich reservoir of family office survey data. Therefore, should you require any additional information or data cuts beyond the following charts and commentary, please get in touch with me or your contact at Dentons.

I am especially grateful to all of our survey partners and everyone who took part in the research for their time and insights. Thank you for helping to create a rich resource for the entire family office community

If you are part of a family office, whether as a family member, employee, board member or senior executive, we hope you find this report thought-provoking, insightful, and actionable.