Understanding the Family Office

A family office is the organization that is created, often after the sale of family business or realization of significant liquidity, to support the financial needs of a specific family group. No formal data exists, but we estimate that there are between 2500 and 5000 family offices in the U.S. and believe that another 6000 exist informally inside privately controlled businesses in the U.S. For Europe and Asia, the concept of a family office is evolving, but new family offices are being formed monthly in these areas.