Ultra-high-net-worth families are adopting sophisticated strategies to navigate global uncertainties and secure long-term success, according to J.P. Morgan Private Bank's 2024 Global Family Office Report. The survey of 190 single-family offices worldwide reveals challenges in family governance, succession planning, and cybersecurity. While nearly 75% have implemented governance measures like investment committees, 27% have not. Succession planning is a goal for almost 70%, yet many lack processes for smooth transitions. Alternative investments constitute 45% of average portfolios, with some Asian clients allocating up to 50%. Cybersecurity is a significant concern; 40% consider their tools insufficient, and over 20% have no strategies in place.