Traditional family offices provide personal services such as managing household staff and making travel arrangements.

A family office can cost over $1 million to operate, so the family's net worth usually exceeds $100 million.

A traditional family office is a business run by and for a single family.

The purpose of the family office is to effectively transfer established wealth across generations.

Many family offices turn to hedge funds for alignment of interest based on risk and return assessment goals.

Can offer products and services outside the scope of a family office.

He turned to a handful of family offices for funding of his first deal.

The modern concept and understanding of family offices was developed in the 19th century.

In the world of high-net-worth individuals, a family office is as high as you get.

The police phoned the local family office, who got straight on to me.