Whether you have built your wealth over time or have come into it more recently, you may have reached a point where you find yourself wondering, ‘Do I need a family office?’
As your wealth grows, the effort required to manage assets — in tandem with the collective and individual needs of the family — is an increasingly complex undertaking. From the day-to-day demands of managing multiple properties and coordinating advisors to the longer-term challenges of equipping the next generation with the tools to succeed, managing complex wealth may begin to feel like a full-time job.
More and more ultra-high-net-worth families are turning to a family office structure to provide the coordinated professional support they require to execute both everyday tasks, like bill pay and travel coordination, to more complex undertakings like succession planning and investment strategy.
The wide range of available family office frameworks — from fully staffed standalone offices to virtual, outsourced solutions and myriad structures in between — coupled with the potentially significant operational cost, can make navigating the family office landscape a challenging process.
Download the report to explore a three-question framework designed to help you determine how your family could benefit from professional family office services, and which structure may be best for you to consider.
How We Help
We’ve been working with ultra-high-net-worth families for generations, providing family office services for many of America’s wealthiest families. We have helped them design and implement solutions that range from an informal collection of advisors to sophisticated structures that employ a variety of professionals. While each family is unique, we leverage our experience to help you determine whether you need a family office, and if so, which services and structure is optimal to help you achieve your highest priority family goals.
Download the Report
Managing complex wealth requires coordinated expertise. Explore family office options.
*Required
© 2025 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, IL 60603. Incorporated with limited liability in the U.S. Member FDIC. This information is not intended to be and should not be treated as legal, investment, accounting or tax advice and is for informational purposes only. Readers, including professionals, should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal, accounting or tax advice from their own counsel. All information discussed herein is current only as of the date appearing in this material and is subject to change at any time without notice. The information contained herein, including any information regarding specific investment products or strategies, is provided for informational and/or illustrative purposes only, and is not intended to be and should not be construed as an offer, solicitation or recommendation with respect to any investment transaction, product or strategy. Past performance is no guarantee of future results. All material has been obtained from sources believed to be reliable, but its accuracy, completeness and interpretation cannot be guaranteed.
