Citi Survey: Inflation Now Biggest Concern for Family Offices

Inflation has become the leading concern for family offices around the world, according to a new survey from Citigroup Inc. The findings place rising prices ahead of trade wars and tariffs among the worries vexing even the wealthiest investors.

The survey drew on responses from 350 firms operating in more than 40 countries, offering a global snapshot of how successful individuals and families view economic risks. Andy Sieg, who heads the New York-based bank at Citi, pointed to the significance of this shift in priorities among such investors.

Family offices manage fortunes with long-term goals, so persistent inflation can erode purchasing power and complicate planning. When costs climb steadily, even the richest investors must reconsider spending, asset allocations and the real returns their portfolios deliver over time.

The report suggests that price pressures now weigh more heavily than the trade disputes and tariffs that once topped the agenda. That change highlights how inflation continues to shape decisions across the wealth spectrum, affecting not only ordinary households but also those overseeing vast private capital. For family offices, protecting capital in real terms remains a central challenge.