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Glossary

Multi-Family Office

A Multi-Family Office is a bank-independent house that supports several wealthy families at the same time in all matters concerning their wealth. It brings wealth management, succession planning and the coordination of external specialists together under one roof and is guided solely by the family's interests. Unlike a bank, a Multi-Family Office does not sell its own products but acts as an independent steward. Everon is such a Multi-Family Office, holding FINMA authorisation as a wealth manager.

At a glance

01

A Multi-Family Office serves several families at the same time, in contrast to a Single Family Office, which serves only one single family.

02

Anyone managing third-party assets on a commercial basis in Switzerland needs authorisation as a wealth manager under FINIG (SR 954.1, Art. 17 et seq.).

03

Independence from product providers distinguishes a Multi-Family Office from a bank. It acts as the family's steward, not as a seller.

Frequently asked questions

A bank typically also earns from selling its own products, whereas a Multi-Family Office works independently of product providers and represents the family alone. It coordinates wealth management, succession and external specialists as the family's steward. This creates a long-term partnership rather than a sales relationship.
There is no fixed legal threshold, as the term is not uniformly defined. In practice the model is aimed at families with complex, multi-generational wealth structures, where coordinating several topics under one roof adds value.

Sources: Eidgenössische Finanzmarktaufsicht (FINMA) · Systematische Rechtssammlung (fedlex), FINIG SR 954.1