Single-Family Office And Multi-Family Office: Which Type Is Right For You?
As wealth accumulates, so does financial complexity. For this reason, many wealthy individuals pursue a holistic and multi-disciplined style of managing wealth through family offices. Do not worry—family offices vary in source (single-family or multi-family) and size (assets under management), therefore you don’t have to be Bill Gates or descendants of Rockefeller to understand and consider this approach to wealth management.
What is a single-family office and a multi-family office? In this article, we will focus on each type of family office to help you explore what type of is right for you.