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Ultra-rich families spend more on their private investment firms as their fortunes rise
Market Intelligence Analysis
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Why This Matters
Ultra-high net worth families are increasing their spending on private investment firms as their wealth grows, with an average annual operating cost of $6.6 million for family offices with at least $1 billion in assets.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Family offices with at least $1 billion in assets reported spending $6.6 million in annual operating costs on average, according to J.P. Morgan Private Bank.
Original article published by
CNBC
on February 19, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.