sfo definition investopedia
Chart of family office services. The term family office can refer to a family controlled investment group, and also the two major terms: single family office (SFO) or Multi-family office (MFO). The distinction is important since, despite the similar names, each provides a significantly different service. This article refers principally to single family offices, which are the predominate forms of family offices today. An SFO is a private company that manages investments and trusts for a single family.