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

See Examples For:

family office

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

From The Wall Street Journal ● May 27, 2026

Doerr became Kleiner’s chairman in 2016, and he now invests through his family office.

From The Wall Street Journal ● May 23, 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

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

From MarketWatch ● May 11, 2026

“The stock has been as cheap as it has been in the past 10 to 15 years” on a price-to-book basis, says Charlie Frischer, who runs a Seattle family office and owns the shares.

From Barron's ● May 8, 2026