family office

[ fam-lee aw-fis, of-is, fam-uh-lee ]

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.

Word History and Origins

Origin of family office¹

First recorded in 2000–05

Example Sentences

The Family Office had been asked to receive the whole party on their return.

From Project Gutenberg