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The Multi Family Office (MFO) market is a subset of the Wealth Management industry. It is a service that provides comprehensive financial advice and services to wealthy families. MFOs provide a range of services, such as investment management, estate planning, tax planning, philanthropic advice, and family office services. They also provide access to a wide range of financial products and services, such as private banking, trust services, and insurance. MFOs are typically staffed by experienced professionals who specialize in the needs of wealthy families.
MFOs are becoming increasingly popular among wealthy families, as they provide a more personalized approach to wealth management. They are also able to provide a higher level of service than traditional wealth management firms, as they are able to focus on the specific needs of each family.
Some companies in the MFO market include Stonehage Fleming, Sandaire, and Asiaciti Trust. Other notable firms include Abbot Downing, BNY Mellon, and UBS. Show Less Read more