A $family office$ is a private wealth management advisory firm that serves high-net-worth individuals and families. Its primary purpose is to manage investments, financial planning, and other services tailored to the unique needs of wealthy families. Family offices can be single-family offices, serving one family, or multi-family offices, which cater to multiple families. These offices often provide a range of services, including tax planning, estate management, and philanthropic guidance. By consolidating various financial services under one roof, $family offices$ help families preserve and grow their wealth across generations while addressing their specific financial goals and values.