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family office

American

[fam-lee aw-fis, of-is, fam-uh-lee] / ˈfæm li ˈɔ fɪs, ˈɒf ɪs, ˈfæm ə li /

noun

a financial advisory firm for extremely wealthy private individuals that is designed to offer comprehensive management of all assets, especially one that serves a single family.

Etymology

Origin of family office

First recorded in 2000–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The great advantage of a family office is the ability to not have to deploy capital.

From The Wall Street Journal • May 27, 2026

A reason almost every family office De Vita speaks with about why they are moving to co-investing or direct investing is to avoid the fees charged by a typical private-equity fund manager.

From Barron's • May 23, 2026

Altman is an investor in Stoke Space through his family office, the Journal reported.

From The Wall Street Journal • May 12, 2026

Wolfe said he was sharing a playbook that he started investing in for his family office back in February.

From MarketWatch • May 11, 2026

Stephens, founder of independent wealth and family office advisory Evertern Wealth, saw accelerating interest in this message during the Covid pandemic, but it hasn’t let up.

From Barron's • Apr. 20, 2026

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023