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A family office is simply a team of lawyers/financiers who manage an individual/family's money, rather than outside money. A Roth IRA is a just a bucket with r
by alephnan 4y ago
A family office is simply a team of lawyers/financiers who manage an individual/family's money, rather than outside money.
A Roth IRA is a just a bucket with rules about how money can go in and out.
There is no reason they are mutually exclusive. Additionally, Roth IRAs can be self-directed which means they can use whatever exotic investment they choose, including private equity.
Exhibit A:
https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank https://www.propublica.org/article/lord-of-the-roths-how-tec...