Single Family Office

A Single Family Office (SFO) is a private wealth management organization that serves one ultra-wealthy family exclusively, providing comprehensive financial and personal services.

Key Characteristics:

Exclusive Service Model:

- Dedicated solely to one family's needs

- Complete privacy and confidentiality

- Customized solutions and strategies

- Direct family control and governance

Service Scope:

- Investment management and portfolio oversight

- Tax planning and compliance

- Estate and succession planning

- Family governance and education

- Philanthropic advisory

- Concierge and lifestyle services

Organizational Structure:

- Family-owned and controlled entity

- Professional management team

- Specialized service providers

- Board governance structure

Financial Requirements:

- Minimum net worth: $100-500 million

- Investable assets: $50-250 million

- Annual costs: $2-5 million minimum

- Management fees: 1-3% of assets under management

Advantages:

- Complete control and customization

- Maximum privacy and confidentiality

- Aligned interests with family goals

- Comprehensive service integration

- Generational wealth preservation focus

Disadvantages:

- High fixed costs and minimum thresholds

- Requires significant family assets

- Administrative complexity

- Limited economies of scale

- Succession and governance challenges

Typical Family Profile:

- Ultra-high-net-worth individuals ($100M+)

- Multi-generational wealth

- Complex family structures

- Global asset holdings

- Sophisticated investment needs

Single family offices are most suitable for families with substantial assets, complex needs, and a desire for complete control over their wealth management services.