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Family Office Strategy, Governance, and Operating Models, video 7 of 20

What is a Single Family Office

A single family office is a private organization that serves one family’s financial, administrative, investment, and governance needs. Understanding this model helps a family compare dedicated internal support with a multi-family office. The choice affects privacy, control, staffing, service scope, operating costs, and access to specialized expertise. This topic gives families a practical starting point for defining priorities, identifying support gaps, and evaluating whether a dedicated structure fits their circumstances.

Why watch

  • Understand what a single family office is and how it differs from a multi-family office.
  • See which family priorities may call for dedicated staff, systems, and control.
  • Prepare better questions when comparing family office structures and service models.

Ask Richard

Have a question about multifamily offices, fees or how to compare firms? Richard C. Wilson has run Family Office Club since 2007 and answers reader questions directly.

Send a question Text or WhatsApp (808) 600-9260