What is a Multi Family Office?
A multi-family office is the creation of several families or individuals of substantial wealth who believe that by sharing resources, e.g. office space, personnel, systems, etc., they can benefit from economies of scale not achievable if working independently. MFO’s are designed to support the comprehensive financial and lifestyle needs of several individuals or family groups. Typically, MFO’s are structured to offer integrated, interdisciplinary services to individuals and families at significantly less cost with much higher and specialized expertise. Multi-family offices also provide highly customized service levels and confidentiality not available from larger product-driven financial institutions.
