Virtual Family Office
A Virtual Family Office (VFO) is a modern twist on traditional family office structures, tailored to meet the evolving needs of high-net-worth families who desire a more flexible, technology-driven approach to managing their wealth. Unlike traditional Single Family Offices (SFOs) or Multi Family Offices (MFOs) that might operate with a full staff and physical offices, VFOs leverage technology and outsourced professionals to offer personalized wealth management services. Here’s a detailed look at what a Virtual Family Office is and how it operates: