But they seem as focused on growing their wealth as preserving it and are hungry for private equity, according to the new China family office report from UBS and Campden Wealth.
Michael Felman, an experienced family investor in New York, explains how Asian investors are keen on mega-trends and physical assets.
Experienced family office investors feel technology valuations are over-inflated in some areas, so are being increasingly selective about what they invest in, and where.
Asia has plenty of geopolitical risks on the horizon, and investors should consider asset diversification and hedging to mitigate their exposures, say advisers and family offices.
Dogged by high costs and low returns, multi-family offices may seek mergers or partnerships. But innovation may also offer a way out of their troubles.
While multi-family offices have much scope to grow, they also face cost pressures and rising expectations from the ultra-wealthy individuals they serve.