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Family Office is a term used to describe a type of wealth management service that caters to high net worth individuals and their families. It is a comprehensive service that provides a range of services such as financial planning, investment management, tax planning, estate planning, philanthropic advice, and other services. Family Offices are typically staffed with experienced professionals who are knowledgeable in the areas of finance, law, and taxation. They are also able to provide a more personalized service than traditional wealth management firms.
Family Offices are becoming increasingly popular as they provide a more tailored approach to wealth management. They are able to provide a more comprehensive service than traditional wealth management firms, as well as a more personalized approach.
Some of the companies in the Family Office market include UBS, Credit Suisse, Goldman Sachs, Morgan Stanley, and Northern Trust. Show Less Read more
