Hubbis, Eton Solutions Spotlight India's 1.59 Trillion Family Office Shift
Updated
Updated · Hubbis · Aug 21
Hubbis, Eton Solutions Spotlight India's 1.59 Trillion Family Office Shift
1 articles · Updated · Hubbis · Aug 21
Summary
Mumbai roundtable participants said India’s family office market is maturing fast, but many operations still rely on spreadsheets, delayed succession planning and weak governance.
Eton Solutions argued fragmented data and manual workflows are the main bottlenecks, with staff spending about 80% of their time on administration instead of advising principals.
Generational change is accelerating the push for digitisation and formal structures, as second- and third-generation family members press for consolidated reporting, diversification and clearer governance.
Jurisdiction choices are also broadening beyond Singapore and Hong Kong toward Dubai, Thailand and GIFT City, while RBI scrutiny keeps many families cautious on offshore ODI and OPI structures.
Eton said AI adoption should come only after data is unified and trusted, positioning its AtlasFive platform—which holds $1.59 trillion across 1,173-plus families in 15 countries—as that foundation.