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family office

American

[fam-lee aw-fis, of-is, fam-uh-lee] / ˈfæm li ˈɔ fɪs, ˈɒf ɪs, ˈfæm ə li /

noun

a financial advisory firm for extremely wealthy private individuals that is designed to offer comprehensive management of all assets, especially one that serves a single family.

Etymology

Origin of family office

First recorded in 2000–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Two sons of Walmart founder Sam Walton—Jim Walton, co-manager of the family office and holding company Walton Enterprises, and Rob Walton, former Walmart chairman, are now among the elite top 10 of the Bloomberg index.

From Barron's • Apr. 1, 2026

Blue Pool also runs the family office and operating assets of Alibaba co-founder Joe Tsai.

From The Wall Street Journal • Mar. 20, 2026

A spokesman for Black said Epstein provided tax and estate planning services for Black’s family office and was given information about his holdings in Apollo for these purposes.

From The Wall Street Journal • Mar. 18, 2026

Birchall heads Musk's family office and personal financial investments and business dealings.

From BBC • Mar. 4, 2026

Clay, the Elysium spokesman, said there was no record of any loans made by JPMorgan to the family office.

From The Wall Street Journal • Feb. 27, 2026

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023