Rising geopolitical tension is prompting ultra‑wealthy families to duplicate their offices abroad. Tariffs, sanctions on Venezuela and Iran, and the UK’s scrapped non‑dom regime have made domestic setups feel fragile, advisers say. A former Dubai office manager summed it up: families stash “a quarter of a million dollars” in satellite accounts as a safety net. These moves also give families access to local talent and tax structures.

The Global Family Office Report 2026 shows 74% of non‑US offices rank geopolitics among their top five risks, versus 57 % in the United States. Deloitte’s 2024 survey found 28 % already run multiple branches and another 12 % plan new sites. Bayshore Global Management, Sergey Brin’s vehicle, opened a Singapore outpost in 2020, exemplifying the trend. European offices especially target North America, while Asia‑Pacific looks toward the Middle East for niche exposure.

With more than 8,000 single‑family offices overseeing $3.1tn in assets today, firms are using geographic diversification to hedge against asset freezes and regulatory shocks. Deloitte projects the count to rise to nearly 11,000 and $5.4tn by 2030, suggesting a permanent shift toward built‑in complexity rather than simplification. Investors should expect a broader, more fragmented market for private‑capital opportunities. Such a network enables quicker deployment of capital to emerging markets and insulates legacy wealth from sudden policy shifts.