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

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

From The Wall Street Journal • May 27, 2026

In a survey from Citi Wealth published this past fall, 70% of family office respondents said they were “engaged with direct investments.”

From Barron's • May 23, 2026

The company says film and television producer Byron Allen’s family office has agreed to take a majority stake.

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

“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