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ARTICLE · 02 OCTOBER 2019

Family Office

Despite the fact that family offices have been existed for a really long time, they have recently been discovered and gained importance.

TurkeyWealth Management

Despite the fact that family offices have been existed for a really long time, they have recently been discovered and gained importance. While it is possible to see the family offices even in Japan dynasties, they are still unknown to many people in today's world. These offices are not only structurally very comprehensive including many areas such as investment, donation, budget, insurance, taxation etc. but also they provide services in these areas. Family offices may be categorized in two classes:

-Single Family Office: These offices are for single persons and families. Single family offices are generally preferred in cases where the wealth is minimum $100 Million or more. Being an executive director of a single family office, John Grzymala summarizes these offices as; these offices are entities or persons who provide support and manage the process for the family members in their daily tasks they have to deal with, such as investment, insurance, legal affairs and

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