7 More Family Office Resources:

• Separate Account Family Office Definition: Separate Account Separate Account definition:  A separate account is managed privately for an individual, as opposed to mutual funds which are managed collectively.  Separate accounts typically have higher investment minimums to ...
• Reciprocal Will Family Office Definition: Reciprocal Will Reciprocal Will definition:  A reciprical will consists of two separate wills for each spouse that are identical to one another and name each other as beneficiaries. This type of ...
• Liquid Assets Family Office Definition: Liquid Assets Liquid Assets definition:  Liquid assets generally refers to investment accounts (cash, bonds, stock, mutual funds) where market values and sell opportunities are readily available. Download our free Family Office Report to ...
• Transfer-On-Death Accounts Family Office Definition: Transfer-On-Death Accounts Transfer-On-Death Accounts definition:  Transfer-on-death accounts includes investment accounts (i.e. stocks, bonds, and mutual funds) and in some states, vehicles and real estate property. These assets can be transferred to ...
• Unified Managed Account Family Office Definition: Unified Managed Account Unified Managed Account definition:  A unified managed account (UMA) is a privately managed account that combines several different types of securities, such as stocks, bonds, mutual funds, and ...
• Style Boxes Family Office Definition: Style Boxes Style Boxes definition:  Style boxes are a way of categorizing investments, made popular by Morningstar®.  The style box methodology has largely influenced mutual fund managers to avoid straying from ...
• Unified Managed Household Account Family Office Definition: Unified Managed Household Account Unified Managed Household Account definition:  A unified managed household account (UMHA) is a privately managed account that combines several different types of securities, such as stocks, bonds, ...