Are Family Offices Really Using AI?

10 minutes ago

1 min read

Fifty-one percent of decision-makers surveyed in BNY Wealth's 2026 Investment Insights for Single Family Offices report use data analytics and predictive modeling, often augmented by AI, in their investment process.
The top areas where family offices are using or piloting AI are reporting automation (72%), investment research (72%), market insights and summarization (71%), portfolio analytics (70%), risk analysis and management (69%), and idea generation (60%).
Adoption is lowest in cash management, where 49% use or pilot AI and 22% do not use it at all, and in tax and estate planning, where 46% use or pilot AI and 20% do not use it.
Only 8% of respondents report that AI is extensively integrated into investment decision-making, while 40% have integrated it experimentally and 29% have partially integrated it for specific asset classes or decision areas.
Among non-U.S. family offices, 37% report partially integrating AI for specific asset classes or decision areas, compared with 21% of U.S. family offices.
Sixty-one percent of respondents believe AI integration has improved investment outcomes, with 14% reporting a significant improvement, 47% a moderate improvement, and 4% a negative impact.
Globally, 51% of family offices want investment consultants to use data analytics to improve financial decision-making, and 43% want consultants to use AI predictive models to forecast market movements.