Family Office

A Family Office is an institution for managing the finances of affluent families, either as a Single Family Office or for multiple families as a Multi Family Office. In contrast to wealth management provided by third parties, a Family Office remains under the family's control. These offices can exist in various legal forms and are typically significant for families with a private wealth of around 300 million euros (Single Family Office) or approximately 30 million euros (Multi Family Office). In Europe, there are numerous such offices, and they play a vital role in the investment market, given that the wealthiest 10% of Europeans control a substantial portion of financial resources.

Articles in this section

Was this article helpful?
0 out of 0 found this helpful