Originally published: BL Global, 13 November 2023
Ocorian has released survey data that predicts a boom in family offices turning to outsourcing.
Some 91% of respondents to its survey – Family Offices and The Role of Third-Party Providers – predict that family offices will increase their outsourcing of key services in the next three years, a trend that could benefit Channel Islands financial services businesses.
Ocorian commissioned research company Pureprofile to interview 134 family office investment managers working for family offices that use third-party private client services providers to support in the preservation and protection of their clients’ wealth.