How large are most family office teams?

How large are most family office teams?

by Richard C. Wilson & Family Offices Group Association Team

Question: How large are most family office teams?

Answer:  Most family office teams are comprised of less than one hundred professionals and can even be as small as 5 individuals, but multi-family offices that serve clients around the world can employ more than 100 professionals.  The hierarchy of employees within a family office represents that of a normal business but it is a bit more flat, often times the executive director or CEO has only one or two levels underneath him as most family offices are just 10-100 professionals deep.

The most critical members of the team will be the people with portfolio management and investment expertise, those with risk management and insurance expertise, and those who can help the family meet multi-generational wealth transfer and trust related goals.  However, nothing is written in stone and family offices are always evolving to meet the needs and desires of their clients.

Download our free Family Office Report to learn more about the family office industry.

Read more Frequently Asked Family Office Questions.

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