Biggest Family Offices Get Direct Access to Trading Desks

The video discusses the increasing sophistication and buying power of family offices, which are now bypassing private banks for more specialized investment services. This shift is leading to a reduced role for private banks, especially smaller ones, as family offices hire top talent and resemble large asset managers. The trend is evident globally, with significant growth in Europe and Asia.

In what ways are family offices beginning to resemble larger asset managers?

What trends are observed in the hiring practices of family offices in relation to institutional firms?