Time and again, the data points in the same direction: modern family offices are looking for exactly what MyFO delivers. Deloitte’s 2024 Blueprint emphasized the urgent need for smarter and more scalable systems. Citi’s Global Family Office Survey 2024 identified administrative complexity as one of the top three concerns among family offices globally, surpassing even investment performance.
The UBS Global Family Office Report 2025 echoes what’s already at the heart of MyFO’s mission: helping family offices manage rising costs, leaner teams, and increasing complexity through smarter, more integrated infrastructure. A move that’s no longer optional but necessary to survive in the family office space.
The UBS Global Family Office Report 2025 is based on insights from over 300 family offices worldwide, representing more than $650 billion in collective assets. The message is clear: rising complexity, escalating costs, and talent shortages are forcing a structural shift in how family offices operate. Digital transformation is becoming urgent.
“Family offices, particularly in North America, report challenges in hiring for roles related to operations, legal and accounting services.”
— UBS Global Family Office Report 2025
Complexity Is Getting Expensive
Family offices are juggling more entities, jurisdictions, and compliance requirements than ever before. UBS highlights that administrative burdens are rising fastest in North America, where complex tax and legal structures are common.
In this environment, the old approach, more staff, and more spreadsheets no longer work. Instead, offices are actively seeking systems that reduce duplication, eliminate manual errors, and increase transparency across their workflows.
“The cost of running a family office continues to rise, driven by increasing complexity and compliance requirements.” – UBS
Hiring alone won’t solve this. In fact, UBS suggests many family offices are looking to technology to replace future headcount growth, not just to support it.
“In many offices, headcount is no longer the limiting factor, bandwidth is.” – UBS
Technology Spend Is Surging
Family offices are now making technology investment a top priority.
According to UBS: 71% of family offices plan to increase tech spending over the next two to three years.
But this isn’t generic IT spending. It’s focused investment in tools that reduce operational drag and improve control:
- 66% are prioritizing real-time dashboards and consolidated reporting
- 63% want document vaults with role-based access
- 61% are implementing automated workflows for compliance and investment review
These upgrades mark a shift toward scalable, centralized systems that enable small teams to do more with less.
“Most family offices are moving away from spreadsheets and legacy platforms toward more integrated solutions.” – UBS
AI Adoption Is Accelerating
Artificial Intelligence is no longer an experiment for family offices, it’s going mainstream. UBS reports:
- 69% plan to use AI for financial reporting and data visualization
- 64% for summarizing documents and text analysis
- 62% for portfolio analysis and modeling
“Family offices plan to apply AI to financial reporting and data visualisation (69%), text analysis and summarisation of documents (64%), and portfolio analysis (62%).” – UBS
This shift is about more than automation. It’s about empowering family offices to move faster, reduce risk, and focus on strategy rather than process.
What This Means for Family Offices
- Legacy workflows = operational drag
- Hiring won’t solve core structural issues
- AI, automation, and centralized tools are now essential to scale without increasing headcount
- Technology is shifting from cost center to core strategy
MyFO: Built for the Next Generation of Family Offices
MyFO was built to help family offices solve the exact problems highlighted by UBS. Our platform automates reporting, centralizes documents, and gives stakeholders the real-time visibility they need to move quickly and confidently.
According to Citi Private Bank’s Global Family Office Survey 2024,, annual operating costs range from $1 million to $11 million. MyFO helps reduce that burden: clients cut administrative workload by over 25%, translating into savings of hundreds of thousands of dollars annually.
While many platforms take months to onboard and cost upwards of six figures per year, MyFO delivers enterprise-grade functionality with faster implementation, fewer support tickets, and a fraction of the cost.
Looking Ahead
The UBS 2025 report makes it clear: operational transformation is no longer an internal decision, it’s a competitive necessity.
Family offices that modernize will gain clarity, control, and capacity. Those that don’t will struggle to keep up with rising expectations and shrinking margins.
“Technology is no longer a back-office function. It is a strategic enabler.” – UBS
————————————————————————–
Check out the Full Report Breakdown:
https://myfotech.com/ubs-global-family-office-report-2025/
