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

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Example Sentences

See Examples For:

family office

The Kirsh family is expanding its New York family office after patriarch Nathan Kirsh sold Jetro Restaurant Depot to Sysco for $29 billion.

From The Wall Street Journal ● Sep. 30, 2026

Linda Mirel, one of Kirsh’s children and an immediate past president of UJA-Federation of New York, is heavily involved in the process of building out the family office, the people said.

From The Wall Street Journal ● Sep. 30, 2026

Headhunters say good governance can reduce some risks of joining a family office and that a family’s long-term investment horizon can be attractive.

From The Wall Street Journal ● Sep. 30, 2026

The family currently has a few employees in its small family office and works with outside investment firms, the people familiar said.

From The Wall Street Journal ● Sep. 30, 2026

"I was told there was a global family office based in London, so the money could have come from Singapore," he said of the conversation in the Channel 4 film.

From BBC ● Sep. 5, 2026

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