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Family office

   Also found in: Wikipedia 0.01 sec.
Family office
Entities (usually registered as corporations or limited liability company) set up to manage the finances of a wealthy family.


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FORS clients will now have on demand access to comprehensive family office financial records, reports and documents with customisable dashboard views with ability to drill down to the transactional level, enabling them to spend less time on gathering and consolidating data, with more time available to focus on the investment decision making process," Archway said.
WIRRAL-BASED chartered financial planner, Alchemy Advisory Services, has launched a new family office division as part of its plan to grow funds under management to pounds 200m by 2012.
The family office concept is slowly permeating the consciousness of Saudi and other GCC family businesses.
 
 
 
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