What Is a Family Office and Do You Need One? - Investopedia
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What Is A Family Office?Understanding Family OfficesThe Responsibilities of A Family OfficeTypes of Family OfficesDo You Need A Family Office?The Bottom LineTraditional Family OfficeA traditional family office is an entity established by a wealthy individual to manage the family's wealth. It usually has a staff of experts who protect and grow the wealth. The staff might include a financial advisor, tax specialist, estate planner, accountant, and more. All are employed by the f…Multi-Family OfficeA multi-family office is a firm that manages the wealth of more than one family. It offers the same types of services that a traditional family office offers. Its variety of experts tailor wealth-related solutions for each family's financial and household needs. Beyond investment management, the…See more on investopedia.com Traditional Family OfficeA traditional family office is an entity established by a wealthy individual to manage the family's wealth. It usually has a staff of experts who protect and grow the wealth. The staff might include a financial advisor, tax specialist, estate planner, accountant, and more. All are employed by the f… Multi-Family OfficeA multi-family office is a firm that manages the wealth of more than one family. It offers the same types of services that a traditional family office offers. Its variety of experts tailor wealth-related solutions for each family's financial and household needs. Beyond investment management, the…
Traditional Family OfficeA traditional family office is an entity established by a wealthy individual to manage the family's wealth. It usually has a staff of experts who protect and grow the wealth. The staff might include a financial advisor, tax specialist, estate planner, accountant, and more. All are employed by the f…
Multi-Family OfficeA multi-family office is a firm that manages the wealth of more than one family. It offers the same types of services that a traditional family office offers. Its variety of experts tailor wealth-related solutions for each family's financial and household needs. Beyond investment management, the…
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