Family Office

Business, Legal & Accounting Glossary

Definition: Family Office


Quick Summary of Family Office


A Family Office is a private wealth management advisory firm that offers a comprehensive collection of services to ultra-high-net-worth investors. All financial and investment activities can be handled by family offices, such as budgeting, charitable giving, estate planning, portfolio management, retirement planning, tax planning, and wealth transfer services. Family offices are able to provide a complete outsourced solution to their clients, which is what sets them apart from traditional wealth management firms.




Cite Term


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Page URL
https://payrollheaven.com/define/family-office/
Modern Language Association (MLA):
Family Office. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 24, 2021 https://payrollheaven.com/define/family-office/.
Chicago Manual of Style (CMS):
Family Office. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/family-office/ (accessed: September 24, 2021).
American Psychological Association (APA):
Family Office. PayrollHeaven.com. Retrieved September 24, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/family-office/

Definition Sources


Definitions for Family Office are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 13 Views.