family office

American  

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

noun

1. 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.

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Etymology

Origin of family office

First recorded in 2000–05

Example Sentences

In half of the midterm election years since 1950, the S&P 500 fell by about 20% or even more, the family office of Lansing Street Advisors said in its first-quarter letter.

From MarketWatch • Apr. 14, 2026

The problem, wrote Ackman, was a former lawyer in his family office, whom he called by the pseudonym Ronda.

From The Wall Street Journal • Apr. 10, 2026

Two sons of Walmart founder Sam Walton—Jim Walton, co-manager of the family office and holding company Walton Enterprises, and Rob Walton, former Walmart chairman, are now among the elite top 10 of the Bloomberg index.

From Barron's • Apr. 1, 2026

MSD began as the billionaire computer pioneer’s family office; it eventually raised money from outside investors, with that part of the business becoming MSD Partners.

From The Wall Street Journal • Mar. 20, 2026

Birchall heads Musk's family office and personal financial investments and business dealings.

From BBC • Mar. 4, 2026