Family Offices Dip Toes in AI Waters—While Consultants Swim in Cash
Imagine a billionaire's money machine humming along on ancient spreadsheets, suddenly jolted by AI anomaly alerts. Ocorian's fresh study says 86% of family offices are already there—but don't pop the champagne yet.
⚡ Key Takeaways
- 86% of family offices use AI for data insights, managing $119B combined wealth.
- Adoption cautious: 26% expect big changes in a year, most in 2-5 years due to legacy systems.
- Low direct AI investments (7%), but consultants like Ocorian poised to profit from outsourcing.
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Originally reported by AI News