Family offices are spending millions to stay inefficient. A typical setup runs US$3 million to US$7 million per year, mostly on people and vendors doing low-leverage work — email routing, spreadsheet reconciliation, formatting reports, repetitive compliance tasks. All of it is ripe for intelligent automation. And yet, very little changes. Why? Because the tool that could change everything — AI — is arriving faster than governance frameworks, CIO buy-in, or board literacy can keep up.