What is a Single Family Office?

What is a Single Family Office?

by Richard C. Wilson & Family Offices Group Association Team

Question: What is a Single Family Office?

Answer: A Single Family Office is a full balance sheet 360 degree ultra-affluent wealth management firm and CFO solution for a single individual or family.

The SEC has recently defined single family offices as “entities established by wealthy families to manage their wealth, plan for their families’ financial future, and provide other services to family members. Single family offices generally serve families with at least $100 million or more of investable assets. Industry observers have estimated that there are 2,500 to 3,000 single family offices managing more than $1.2 trillion in assets.”

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