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family office

American

[fam-lee aw-fis, of-is, fam-uh-lee] / ˈfæm li ˈɔ fɪs, ˈɒf ɪs, ˈfæm ə li /

noun

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.

Etymology

Origin of family office

First recorded in 2000–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

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

From MarketWatch • May 11, 2026

Jared Birchall, the head of Musk’s family office, is also expected to testify.

From The Wall Street Journal • Apr. 29, 2026

Altman’s husband had made an investment in Stoke through Hydrazine, now their family office, according to a person familiar with the matter.

From The Wall Street Journal • Apr. 17, 2026

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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023