What Does A Family Office In The USA Look Like?

A Family Office is a private entity that serves ultra-high-net-worth individuals (UHNWI). The term was coined by the family of J.P. Morgan in 1838 and later popularised by Rockefellers. According to Family Office Exchange, there were approximately 6,000-7,300 Family Offices in the United States of America (USA) in 2019. As the popularity of Family Office grew, it is believed that this number has grown exponentially throughout the years.

From the composition, and compensation to investment preference, this article explores what a typical Family Office would look like in the birthplace of the concept of “Family Office”, the USA.