How much net worth is required to establish a family office?

The economics of operating a dedicated single-family office generally become practical at net worth levels of approximately USD 500 million or more. At this threshold, the annual costs of maintaining professional staff, technology infrastructure, and operational overhead represent a reasonable proportion of assets under management and can be justified by the value delivered.

However, many families with substantial but more modest wealth—typically in the range of USD 20 million to USD 500 million—find that a multi-family office arrangement offers an attractive alternative. In this model, several families share the infrastructure, expertise, and costs of a professional family office while still receiving personalised attention and services tailored to their individual circumstances.

A multi-family office provides access to institutional-quality investment management, sophisticated tax and estate planning, and comprehensive reporting—services that would be prohibitively expensive to maintain independently. The shared cost structure makes these capabilities accessible to families who would otherwise need to rely on less integrated advisory arrangements.

The right structure ultimately depends on each family’s specific situation. Factors beyond net worth—including the complexity of holdings, number of family members involved, geographic spread of assets, and the desire for privacy—all influence whether a single-family office, multi-family office, or hybrid approach best serves the family’s interests.

Parkview operates as a multi-family office, allowing us to deliver institutional-calibre services to families who value professional oversight without the burden of building their own infrastructure. Our deliberately limited client base ensures that each family receives genuine personal attention from senior partners—not junior staff. If you are exploring whether a family office relationship might benefit your family, we would be pleased to have a confidential conversation about your needs.