European Family Offices by Family Office Database - The leading family office directory and listing search offering for private investors (2023)

FAQs

How many family offices are there in Europe? ›

According to our research, the total number of family office-backed real estate and direct investments within and into Europe in 2021 was 934, surpassing the previous high of 901 recorded in 2019.

Most universities have online alumni directories and local alumni clubs as well as annual homecomings and reunions. These online and offline resources are opportunities to establish relationships with family office investors.

Since family offices can be very expensive to establish and operate, only the extremely wealthy who have complex financial, investment, and personal needs usually require one. One estimate is that only individuals with a net worth of more than $250 million need (and can afford) a dedicated family office.

The Size of Your Wealth

If your net worth is at least $100 million, you could be a good candidate for establishing your own family office. If your net worth is at least $250 million, you'd be an even better candidate. Multi-family offices have a lower threshold, for families with a net worth of at least $30 million.

Top contenders are found in Southern Europe (Portugal and Italy), Northern Europe (UK, Finland, Iceland, Denmark) and Eastern Europe (Czech Republic) so parents looking to relocate have a variety of options and landscapes to choose from.

Family office expenses often amount to approximately 1% to 2% of the family's total active assets, including investment portfolios, trust assets, and liquid assets. So, the approximate cost for a small family office with active assets of $155 million would be $1.5 million to $3.1 million annually.

1. Walton Enterprises. Located in Arkansas, USA, Walton Enterprises is the single family office of the Walton Family. Established by the late Sam Walton, the founder of Walmart, it manages around $169 billion in assets.

As a result of this strategy, North American family offices have outperformed their peers with an average portfolio return of 15% in 2021, compared to 13% in Europe, 10% in Asia-Pacific and a 13% global average.

They're also a good option for those who want to avoid a large inheritance tax charge and retain control over their assets, especially if their children are younger. As an alternative, family trusts provide an accepted and arguably safer structure, which usually costs less to establish.

Are family investment companies a good idea? ›

Are family investment companies a good idea? There are both benefits and drawbacks when it comes to setting up a family investment company. They can be an effective tax and succession planning vehicle, if structured properly, but they can also be complex to set up and manage.

Carried interest

Most often this is made available to the CIO and CEO of the family office where active assets are over $500 million. In sizable investment organizations, team members may also receive some payment. The percentage of carry may vary from a modest 1-2% to a high of 10-20%.

Many clients still think in terms of total net worth, and it can be a quick back-of-the-napkin measure. I usually advise clients that you should only consider a traditional family office if your total net worth is above $100 million minimum and most will need more than $250 million.

1. The Family Of Queen Elizabeth II Of Great Britain. Although recently deceased, the Queen's royal family will inherit the leadership, which makes them the technical owners of the country. The total size of the British Commonwealth is an astounding 6.75 Billion acres.

What company owns the most single-family homes? Invitation Homes is the largest single owner of single-family rental homes in the United States, managing more than 80,000 homes as of 2021.

Who is the owner of the biggest house in the world. Istana Nurul Iman Palace, the official residence of the Sultan of Brunei, Hassanal Bolkiah, is the largest house in the world, spread over 2.15 million square feet.

Family offices can choose to pay capital gains tax to the IRS — or re-invest it into Main Street. With Wall Street gains at all-time highs, family offices and other private investors will look to reallocate their investment portfolios.

A family office can consist of as few as two people or as many as 350 or more. A wide range of family office models are in use today. There are a number of key differences between single family offices, which is our focus here, and multi- family offices that serve several unrelated families.

A family office is a private company that handles investments and wealth management for ultra-high-net-worth individuals and families. Some family offices focus only on real estate investments, while others choose to diversify their investments across many different assets.

What is the easiest European country for an American to move to? ›

Portugal consistently tops lists of the best places for expats to live, and in fact, the number of Americans living in Portugal rose 45% in 2021, according to government data.

If you can handle the cold, Germany and the Netherlands are two of the most popular countries for expats, both offering international communities and unique residency options. Switzerland: Although many European countries offer a better quality of life than the U.S., Switzerland takes the cake.

Portugal

What make Portugal the easiest country in Europe to gain citizenship is that there are no physical presence requirements. Meaning you only need to hold your resident permit in order to qualify for naturalization. You don't need to spend most of the year in the country like most other countries.

The annual average base salary of a chief executive of a single-family office in the US is $556,100, according to a compensation survey by McNally Capital, Botoff Consulting, and Mack International. Average total compensation, which includes bonuses, is double that at $1,130,500.

One option is for the family office to convert from a cost-basis model to a profit-based model, which might allow it to classify its operating expenses as “ordinary and necessary expenses incurred in a trade or business." This would make those expenses tax deductible.

Published by the professional services group PwC, the new guide looks at the pluses and minus of nine countries when it comes to setting up a family office. The countries are all the most popular centres for family offices – Australia, Luxembourg, the US, the UK, the UEA, Germany, Switzerland, Singapore, and Hong Kong.

Key Takeaways. Bill Gates still owns more than 1% of Microsoft's shares, worth around twenty billion dollars. Gates has a lot of his financial investments held by a family office known as Cascade Investments.

The Birth of Elon Musk's Family Office, Excession, LLC

Also, he does not own any other public securities except that of Tesla. Despite his seeming disinterest in the financial markets, he does own a family office – Excession.

According to many financial investors, 7% is an excellent return rate for most, while 5% is enough to be considered a 'good' return. Still, an investor may make more or less than the average percentage since everything depends on the investment's circumstances.

How much of my company should I give away? ›

Founders typically give up 20-40% of their company's equity in a seed or series A financing. But this number could be much higher (or lower) depending on a number of factors that we will discuss shortly.

Most investors would view an average annual rate of return of 10% or more as a good ROI for long-term investments in the stock market. However, keep in mind that this is an average. Some years will deliver lower returns -- perhaps even negative returns. Other years will generate significantly higher returns.

Disadvantages of a FIC

A FIC can be tax inefficient if all of the company profits are paid out to the family as this creates the potential for double taxation. The company pays Corporation Tax on its profits and then the shareholders will pay Income Tax when profits are distributed in the form of a dividend.

Many financial advisers charge based on how much money they manage on your behalf, and 1% of your total assets under management is a pretty standard fee. But psst: If you have over $1 million, a flat fee might make a lot more financial sense for you, pros say.

If you have assets that you want to pass on to your loved ones after you're gone, then a family trust will legally make sure they are left on your terms. A living family trust also ensures that your family will hopefully be able to avoid the sometimes painful, long and expensive process of probate.

An individual has to be Singapore tax resident to be considered an IP. SFO must employ at least 3 IPs, at least 1 of whom must be a non-family member. If the SFO is unable to employ 1 non-family member Investment Professional by the point of application, the Fund would be given a 1-year grace period to do so.

Carried Interest or simply “carry” is incentive compensation provided to private equity fund managers to align their interests with the fund's capital-providing investors.

Professional and Trustee Services

Professional services provided by a family office involve fiduciary standards of care. Family office executives must administer their accounts according to the provisions of the office as well as in accordance with the law.

Which family owns the most money? ›

No, there is no Warren Buffet family office. Buffet's wealth is concentrated in Berkshire Hathaway. When Buffett and his colleague Charlie Munger were asked at a Berkshire Hathaway annual shareholder meeting if they have family office, he answered: “We would be the last guys in the world to have a family office”.

A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50-$100 million in investable assets, with the goal being to effectively grow and transfer wealth across generations.

The Size of Your Wealth

If your net worth is at least $100 million, you could be a good candidate for establishing your own family office. If your net worth is at least $250 million, you'd be an even better candidate. Multi-family offices have a lower threshold, for families with a net worth of at least $30 million.

Broadly speaking, those with a net worth of $250 million might consider establishing a traditional family office. Multi-family offices can be an option for those with a net worth of at least $30 million.

Financial education is your greatest asset

"Intelligence solves problems and produces money, and money without financial intelligence is quickly lost," says Robert Kiyosaki, author of the book.

Italy and France exhibit the largest proportions of families with four or more children. In all other countries three-child families are the most common family size among large families, representing about half of all large families there.

Family Offices with more than $1bn in AUM are slightly more likely to be located in North America, and 16% of all Family Offices with more than $1bn are located in New York. Looking at those Family Offices with up to $100m AUM, over half of these are SFOs (52%) and almost all of them are located in North America.

What is the largest property management company in USA? ›

Greystar Real Estate Partners:

With more than 415,000 units under management, Greystar Real Estate Partners is by far the largest property management company in the United States.

Top contenders are found in Southern Europe (Portugal and Italy), Northern Europe (UK, Finland, Iceland, Denmark) and Eastern Europe (Czech Republic) so parents looking to relocate have a variety of options and landscapes to choose from.

In the U.S., two-parent households are the most common type of arrangement, accounting for a third of all people (33%). Roughly two-thirds (67%) of all U.S. children younger than 18 live with two parents.

Family offices are staffed by professionals, who may fluctuate in number depending on the family's wealth and complexity of their needs. Family foundations, on the other hand, are entities created to carry out a family's philanthropic giving and build a charitable legacy.