Family Office

How much wealth do you need to justify setting up a family office?

Most single-family offices require at least $100-500 million in investable assets to justify the substantial operating costs, which typically range from $1-3 million annually. Multi-family offices, which serve several wealthy families, may accept clients with $25-100 million in assets. The decision depends on the complexity of your financial situation, number of family members involved, and whether you need services beyond investment management, such as estate planning coordination, tax strategy, and philanthropic activities.