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News Wire / economy

US Family Office Investment Thresholds Discussed

WLS-AM 890 Chicago Chicago 17d Impact 4
A discussion on WLS-AM 890 highlighted the financial thresholds for family offices. The segment noted that $15,000,000 represents the very low end for a potential family office, often falling into the category of a multi-family office. Amounts in the $2 to $3,000,000 range are typically still receiving investment advice from external advisors.

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finance investment family office

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Sources · 7 independent

WLS-AM 890 Chicago

“you know, backed by a JP Morgan City Group, Inc. American Morgan $15,000,000, $3,000,000 to $20,000,000 area, it's kind of a no man's land for those types of individuals because you're at the very low end of a potential family office at $15,000,000, very, very low end. Maybe it's a multifamily office, but it's certainly generally not a family office. And in the $2 to $3,000,000 range, you're still generally at least what we see. We're still getting investment advice from advisors that, you know, you”

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