Family offices are an investment fund + services company wholly owned by a single person/family for the benefit of that person/family's goals. It's much more than accounting services. It's a step above private bank / wealth and assess management by a firm with multiple clients.
Their quality and approaches are highly varied, but the one billionaire you know probably uses one, as the "never pay bills and no smart phone" is fairly indicative of a family office behind the scenes.
Their quality and approaches are highly varied, but the one billionaire you know probably uses one, as the "never pay bills and no smart phone" is fairly indicative of a family office behind the scenes.