Boston Consulting Group (BCG) has released its latest Global Wealth Report 2026, officially confirming that Hong Kong has overtaken Switzerland as the world’s largest cross-border wealth management centre. The report projects that cross-border wealth booked in Hong Kong will grow by an average of around 9% per year from 2025 to 2030, remaining first in the world.

The milestone has drawn extensive coverage from mainstream international media, with more than 600 reports from outlets including the Associated Press, the Financial Times, Bloomberg, Reuters, Canada’s National Post and the Toronto Sun.

What It Means for the Chinese Family Office Industry

Hong Kong’s rise to the top of cross-border wealth management strongly complements the RMB 179.33 trillion mainland Chinese wealth management market. For Chinese families, the architecture of “onshore assets + Hong Kong allocation + global deployment” is becoming ever clearer, while the Greater Bay Area is emerging as a major cluster for family office services and talent worldwide.

Institute note: drawing on its sister-institute network with the Family Office Institute Hong Kong (FOIHK), the Institute will continue to provide first-hand research and event intelligence on both markets for Chinese families and industry professionals.
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