MyFO – Weekly Recap

MyFO is a wealth-technology provider focused on serving family offices, and this weekly summary reviews its latest thought-leadership updates on the sector’s rapid evolution. Over the past week, the company spotlighted a broad set of 2025 and forward-looking research on family offices and emphasized the growing scale, complexity, and professionalization of this market.

MyFO’s latest communication aggregates key industry studies from major financial institutions including Bank of America, BlackRock, Citi Private Bank, Goldman Sachs, J.P. Morgan, UBS, PwC, Deloitte, Deutsche Bank, and others. These reports highlight structural themes shaping family offices as they enter 2026: higher allocations to alternative assets, shifting governance frameworks, technology-driven transformation, and intensifying competition for talent. MyFO positions its software as a tool to streamline operations, improve reporting, and manage the operational and governance challenges associated with more complex portfolios, directing interested firms to book product demos.

In a separate update, MyFO drew on Deloitte research to quantify the sector’s expansion. Family offices now oversee an estimated $5.5 trillion in wealth, up 67% over the past five years, with assets projected to reach about $9 trillion by 2030. The number of single-family offices has climbed from roughly 6,130 in 2019 to more than 8,000 today and could surpass 10,000 by 2030. The family office model is broadening beyond legacy ultra-wealthy dynasties to include families with tens or hundreds of millions in assets, while these entities increasingly compete with institutional investors in private deals and alternative investments.

For MyFO, these trends point to a supportive macro backdrop. The rapid growth and rising influence of family offices suggest expanding demand for specialized technology, data-driven tools, and governance solutions that can handle complex alternative allocations and multi-generational structures. MyFO’s emphasis on curating top-tier research helps position it as a knowledgeable, institutionally oriented partner for sophisticated single- and multi-family offices, potentially supporting higher-value, recurring software relationships over time.

However, the recent updates are primarily informational and promotional. They do not disclose specific financial metrics, new client wins, or concrete product enhancements, so the direct short-term impact on MyFO’s revenue and profitability remains unclear. Overall, the week’s communications reinforce a strong long-term industry growth narrative and underscore MyFO’s intent to align its offering with the evolving needs of global family offices.