11.14.25

AI, Succession Drive Transformation in US Family Offices

by: Leo Almazora

Bank of America’s inaugural Family Office Study shows U.S. family offices are preparing for major shifts driven by generational succession and rapid adoption of AI. Nearly 60% expect leadership transitions within a decade, and younger successors are likely to redefine mission and philanthropy. AI is increasingly used for investment research and automation, while cybersecurity risks remain high, with one-third reporting attacks. Philanthropy is also expected to play a larger role after succession.

Read the full article on InvestmentNews