Dictionary.com
Thesaurus.com

family office

American  
[fam-lee aw-fis, of-is, fam-uh-lee] / ˈfæm li ˈɔ fɪs, ˈɒf ɪs, ˈfæm ə li /

noun

  1. a financial advisory firm for extremely wealthy private individuals that is designed to offer comprehensive management of all assets, especially one that serves a single family.


Etymology

Origin of family office

First recorded in 2000–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The closely followed investor, who runs the Duquesne Family Office, made the comments in an interview for “Hard Lessons,” a Morgan Stanley podcast that was published on Friday.

From MarketWatch

Druckenmiller said that, given his family office’s long exposure to lots of risk assets, it’s keeping a short position in bonds, which wouldn’t be a big moneymaker unless he’s right and the economy sees disinflationary growth.

From MarketWatch

Two JPMorgan managing directors, Justin Nelson and Paul Barrett, used their connection to Epstein to develop a commercial relationship between the bank and Black’s family office starting in 2014, recently released documents show.

From The Wall Street Journal

Epstein had taken on a greater role at Elysium Management, Black’s family office, in 2012.

From The Wall Street Journal

He followed up a day later asking Epstein’s assistant for contact information for top managers at Black’s family office to try to pitch them on the private bank.

From The Wall Street Journal