Family Offices

As the number of ultra-high-net-worth families has continued to rise, so has the use of the term “family office.” Once a narrowly defined structure designed to manage the full financial and administrative lives of wealthy families, the label is now used broadly — often applied to firms whose services fall well short of that original mandate.

Amy V. Borgmann is helping modernize the Zell Family Office for a new generation. As senior director of family engagement and learning, she works closely with third-generation members to demystify the office, build governance knowledge and foster connection through tools like videos, a family portal and a wellness program.

When a fourth-generation family sold its thriving real estate business, they faced a pivotal choice: invest together or go separate ways. For Philip Benjamin and his immediate family, the decision led to forming a new family office.

Ongoing transitions among both family members and professional staff mean that many family offices will be focusing on the people and systems inside the...

Learn how integrated decision-making across investments, tax, estate, and operations can meaningfully improve outcomes — and how a thoughtfully designed family office structure can reduce risk, enhance efficiency, and provide greater clarity and peace of mind for multigenerational families. January 20, 2026 | 2 PM ET - 11 AM PT