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The Multifamily Office Explained

What is a multifamily office?

A multifamily office is a firm that serves multiple families through a shared team and coordinated approach to investment, tax, estate, trust, banking, and governance decisions.

Wealth leakage is the silent erosion of family capital through inefficiencies that never appear on a statement, such as tax planning never done, estate structures never built, fees never questioned, and the gaps between advisors who do not coordinate.

Family Office Minimum Net Worth and What Families Should Know

There is no universal family office minimum net worth. The typical minimum net worth for a single-family office is $500 million, with $100 million or more in investable assets, because one family bears the cost of its dedicated staff and infrastructure. A multifamily office can serve families at lower asset levels by sharing that infrastructure across households.

Multifamily office vs wealth management

Wealth management primarily allocates and monitors investments. A multifamily office coordinates investment, tax, estate, trust, banking, governance, and medical decisions through one integrated team, so the leakage between separate advisors is closed.

Single family office vs multifamily office

A single-family office serves one family exclusively with dedicated staff, which generally requires very substantial wealth. A multifamily office delivers the same integrated model to multiple families, sharing the infrastructure and lowering the threshold.

What Is Family Governance?

Family governance is the set of agreed processes, roles, and communication practices a family uses to make shared decisions about wealth, businesses, and philanthropy. It documents who takes part in a decision and who holds formal authority, and it does not replace the legal duties of trustees, directors, or other fiduciaries.

What Is Business Exit Planning?

Business exit planning is the process of preparing an owner, the business, and the owner’s personal balance sheet for a future transfer of ownership, whether by sale, internal transfer, or another route. It coordinates tax, estate, and ownership questions before a transaction is negotiated rather than after.

What Is Business Succession Planning?

Business succession planning is the process of deciding who will own and who will lead a business after the current owner steps back, and documenting how that change will happen. It separates ownership, leadership, and family roles, which are often treated as one question.

What Is Tax Planning Before a Liquidity Event?

Tax planning before a liquidity event is the review of entity structure, timing, and ownership before a business sale or similar event converts a private holding into cash. It is most useful when it happens before terms are fixed, because many choices are harder to change afterward.

What Is Estate Planning for Business Owners?

Estate planning for business owners is the process of aligning wills, trusts, and ownership documents with a business that has grown or changed. It addresses how business interests pass, who has authority over them, and how they fit with the rest of the family’s assets.