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

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

From The Wall Street Journal • May 12, 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

Musk’s fixer and the head of his family office, Jared Birchall, is scheduled to testify on Thursday, as is OpenAI co-founder and President Brockman.

From The Wall Street Journal • Apr. 30, 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

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