Compliance
Virtual Family Office
A technology-oriented family office that outsources many of its functions.
What is a Virtual Family Office
A Virtual Family Office is a technology-driven family office model that leverages digital tools and platforms to manage family wealth. It outsources many of its functions, such as investment management, tax planning, and administrative tasks, to external specialists, allowing for flexibility and cost efficiency.
Related Terms
Asset Management
The direction of a client’s cash and securities by a financial services company, usually an investment bank.
ViewFamily Office (FO)
An entity that provides comprehensive services to ultra-high-net-worth individuals and families for managing their wealt...
ViewVirtual Family Office
A technology-oriented family office that outsources many of its functions.
ViewWealth Preservation
Strategies aimed at protecting existing wealth from erosion due to taxes, inflation, or market risks.
ViewFamily Governance
The system of joint decision-making and structures that families use to guide the management of their shared assets and ...
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