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

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

Weisberg and a separate team at Blue Pool run Tsai’s family office and the Tsai family’s operating assets, which include the Brooklyn Nets, the New York Liberty, Barclays Center and European vineyards.

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

Two JPMorgan managing directors, Justin Nelson and Paul Barrett, used their connection to Epstein to develop a commercial relationship between the bank and Black’s family office starting in 2014, recently released documents show.

From The Wall Street Journal • Feb. 27, 2026

He followed up a day later asking Epstein’s assistant for contact information for top managers at Black’s family office to try to pitch them on the private bank.

From The Wall Street Journal • Feb. 27, 2026