Family offices in the investment world are financial advisors and service providers that help individual investors or families looking to invest their money and protect the family's wealth for the next generation. Wealth advisers say family offices have the look and feel of a venture capital firm without the pressure coming from the demands of outside investors.
This type of organization can help one or multiple families and aim to make investments easier to understand, offering guidance on how to put money to the best use.
A family can run its activity in their own home or can find a dedicated space that would create a professional environment. The idea of an office can help them focus, work better, and have a space to invite or receive startup founders from their portfolio, partners, or representatives from other advisory firms.
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