4 ms·
I laughed at the "family office business" being a "6 trillion dollar industry." The term "family office" is about as descriptive of a company's line of busines
by pclmulqdq 4y ago
I laughed at the "family office business" being a "6 trillion dollar industry."
The term "family office" is about as descriptive of a company's line of business as "trust" or "llc."
- pottertheotter 4y agoNot really. There are definitely a few categories you can roughly group family offices into but they’re still generally the same thing. If you say “family office” to someone in finance, everyone knows exactly what you mean.