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87% Family Wealth Set for Transfer; Cyber Threats Rise

11/13/2025

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Story summary
  • Bank of America reports that 87% of family wealth remains to be transferred across North America, based on a survey of 335 family office decision-makers.
  • Fifty-nine percent expect the transfer to occur within the next decade.
  • Younger leaders prioritize private equity and real estate investments.
  • Fifty-one percent anticipate a greater focus on social impact in philanthropy.
  • Nearly one-third of family offices faced cyberattacks amid rising operational complexity.