What Is A ‘Multifamily Office’?

Over the last few years, there’s been an boom in the number and variations of multifamily offices. While industry professionals and the wealthy seem to readily embrace the term, its overuse means that there’s no standard for MFOs and it’s increasingly likely that all manner of providers deploy the label with different intents.

In an attempt to shed light on the growing mystery of MFOs, we surveyed 89 self-identified multifamily offices. Each organization we spoke with was represented by a senior executive and partner in the operation, oversaw a minimum of $500 million and offered money management services as a core capability.

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