Glossary Terms

This glossary serves as a trusted resource for navigating the specialised language of the family office sector. Designed for professionals, advisors, and those new to the field, it provides clear and concise definitions of essential concepts such as wealth management, estate planning, and governance. Why does this matter? A solid grasp of industry terminology is key to effective communication and decision-making within the complex ecosystem of family offices. Use this resource to enhance your understanding and ensure clarity in the language that underpins family office success.

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Venture Capital

Financing provided to startups and small businesses with long-term growth potential by investors in exchange for equity.

Related terms: accredited investor, due diligence, venture capital, private equity, liquidity

Virtual Family Office

A technology-oriented family office that outsources many of its functions.

Related terms: virtual family office, family office, family governance, asset management, wealth preservation

Wealth Preservation

Strategies aimed at protecting existing wealth from erosion due to taxes, inflation, or market risks.

Related terms: accredited investor, alternative investments, capital preservation, estate planning, wealth structuring

Wealth Structuring

Designing financial and legal frameworks to manage, protect, and transfer wealth efficiently.

Related terms: accredited investor, alternative investments, estate planning, family office, wealth preservation

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