Wealth ยท Concept
Family Office
A private wealth-management entity established by an ultra-high-net-worth family to manage the family's financial, legal and lifestyle affairs.
In practice
UAE family-office structures typically include: a DIFC Foundation or ADGM Foundation at the apex (succession planning), an ADGM or DIFC operating company (investment management), and underlying SPVs (BVI, Cayman) holding individual asset classes (private equity stakes, real estate, art). Single Family Offices vs Multi-Family Offices vs Embedded Family Offices each have different optimal structures.