Family office

Rarity: Common

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Notion

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Science and technology

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What Wikipedia says

A family office is a privately held company that handles investment management and wealth management for a wealthy family with the goal being to effectively grow and transfer wealth across generations. The company's financial capital is the family's own wealth.

Excerpt from the Wikipedia article “Family office”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Anja Bauer, CC BY-SA 3.0, via Wikimedia Commons.