Universal family office developments continue to transform the operational methods of those within the alternative investment industry and private capital markets. To showcase this model of growth, FINTRX releases a thorough breakdown on all family office data compiled from August of 2020.
Below we provide key family office statistics for the month of August. All FINTRX data reports are produced exclusively utilizing our expansive family office data and research platform. Thanks to our dedicated research team, who continuously work to update and expand our data set, we can share valuable and credible information regarding family offices and the private wealth channel.
Despite the irregularity in the markets, there are numerous regions around the world continuing to show signs of number of growth and development. Below, you can see which US states were most active in terms of family office additions for August. Texas and Illinois had the most number of family office additions, while California, Arizona, South Dakota, Florida, New York and New Jersey produced positive results as well.
⇒ Top States: Texas and Illinois
⇒ 14 new family offices added in the US in August
Outside of the United States, European countries also demonstrated increased family office activity, with the United Kingdom, Germany and Switzerland topping the list in August.
⇒ Top Countries: United Kingdom, Germany and Switzerland
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