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Reply to "A Week In Washington, DC, On A Joint $655,000 Income - Money Diary"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What’s a family office??[/quote] When people are uber-rich, they have an actual office of people who work for them to handle their money and affairs. Called the family office. Usually part of larger investment firms. Good explainer here: https://www.unionbank.com/private-banking/perspectives/building-your-wealth/who-needs-a-family-office-3-factors-to-consider[/quote] Yeah but lots of rich people just outsource their family office. It's a flex to have one. Like when people talk about their private planes but it's just chartered[/quote] I'd take a chartered private plane any day.....lol.[/quote]
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