Deloitte: Hong Kong Boosts SFO Count by 25 Percent

Hong Kong has made substantial progress in its ambition to attract the ultra-rich with the number of single-family offices in the city rising by 25 percent over the last two years, according to a study by Deloitte.

The number of single-family offices (SFO) in Hong Kong is estimated to have risen by 681 to reach 3,384 over the last two years, according to a study by Deloitte and commissioned by InvestHK – an investment promotion agency of the city’s government – marking a 25 percent increase during the period.

Collectively, SFOs have contributed around HK$12.6 billion ($1.6 billion) annually to the local economy through operating expenditure alone and directly employ over 10,000 full-time professionals within their operations.

«Primary research through surveys and interviews shows that these family offices originate from various regions and economic sectors, underscoring the city’s ability to attract capital from diverse geographical and industry backgrounds and across different wealth levels,» commented Deloitte Private Hong Kong leader Anthony Lau.

The study is based on a survey of 136 market participants across Hong Kong’s family office sector, including 121 family offices (85 SFOs and 36 multi-family offices), alongside banks and professional service providers. 21 in-depth interviews were also conducted with family offices and key industry players. Responses collected between October and December 2025.