Top Family Offices in Palm Beach 2026

Key Facts

• At least 12 family offices and wealth advisory firms operate in the Palm Beach corridor, spanning Palm Beach, West Palm Beach, Palm Beach Gardens, Boca Raton, and Miami.
• Bessemer Trust leads by scale with $250 billion in assets under supervision firm-wide. Cresset follows with $88 billion in assets under management, and Oxford Financial Group advises on $38 billion firm-wide (31 December 2024).
• The market includes two single family offices (SFOs), at least six multi-family offices (MFOs), and several outsourced or hybrid providers.
• Florida's zero state income tax continues to drive ultra-high-net-worth (UHNW) family relocations from the Northeast, fueling new office formations.
• Private equity, private credit, and direct investments dominate capital deployment among Palm Beach wealth platforms in 2026.
• HB Wealth accepts clients starting at $25 million, while SFO setups in the region typically require $100 million or more.
• West Palm Beach has emerged as the primary MFO hub, while Miami leads by total managed assets.

Palm Beach Family Office Landscape Overview

Palm Beach County ranks among the fastest-growing wealth management corridors in the United States. Florida charges no state income tax, offers favorable trust laws, and provides year-round climate that attracts UHNW families from New York, Connecticut, and Latin America. This migration has expanded the local family office ecosystem well beyond its old-money roots.

The region's private wealth offices cluster in three distinct zones. Miami leads by AUM volume. West Palm Beach serves as the primary hub for MFOs and advisory firms, housing Cresset's CityPlace Tower office and an office of DFO Management (formerly MSD Capital). Palm Beach proper and Palm Beach Gardens host boutique advisory firms and fee-only fiduciaries like HB Wealth and Oxford Financial Group.

South Florida's appeal extends beyond tax savings. Proximity to Latin American capital flows, a growing community of relocated hedge fund and private equity professionals, and active family office networking events make the region a self-reinforcing wealth hub. Families arriving after liquidity events find a mature advisory market ready to serve complex, multigenerational needs.

Family Office Comparison

The table below ranks the major family offices serving Palm Beach County by the asset figures it shows; offices shown without a figure follow the ranked entries.

Family Office	Type	AUM Estimate	Investment Focus	Services	Location
Bessemer Trust	MFO	$250B (AUS, firm-wide)	Diversified public/private investments	Full service (investment, trust, estate, tax, charitable advisory)	Palm Beach
Cresset	MFO	$88B (AUM, firm-wide)	Private investments, concentrated stock, tax-efficient portfolios	Full service (wealth, tax, estate, lifestyle, family oversight)	West Palm Beach
Oxford Financial Group	MFO/Advisory	$38B (AUA, firm-wide)	Multigenerational wealth transfer, estate/tax planning	Family office services, business transition, consolidated reporting	Palm Beach
DFO Management (Dell Family Office, formerly MSD Capital)	SFO	—	Public/private equities, credit, real estate	Investment management (single family only)	West Palm Beach
Callan Family Office	MFO	—	Institutional-quality public/private markets	Investment, wealth planning, tax strategy, family oversight	Palm Beach area
WE Family Offices	MFO	—	Investment strategy, private credit	Investment oversight, SFO consulting, family advisory	Miami
FFT Wealth Management	MFO	—	Global alternatives, hedge funds	Investment planning, global access	Palm Beach
Glenmede	MFO/Trust Co.	—	Goals-based, sustainable/impact investing	Wealth planning, trust, OCIO for foundations	West Palm Beach
HB Wealth	MFO/Advisory	—	Private equity, private credit, real estate	Fee-only fiduciary, trust, estate, charitable giving	Palm Beach Gardens
Kaufman Rossin	Outsourced FO	—	Outsourced accounting, tax, lifestyle	Lifestyle management, reporting, digital security, bill pay	Palm Beach Gardens, Boca Raton, Miami
Certuity	MFO/Advisory	—	Private investment due diligence	Financial reporting, tax, estate, family oversight	Palm Beach area
Cooper Family Office	SFO	—	Disruptive tech, biotech, traditional industries	Investment management (single family only)	Florida

The three figures shown are all firm-wide and each measured differently: Bessemer (assets under supervision), Cresset (assets under management) and Oxford (assets under advisement). The other firms are listed without a figure; SFOs and many private advisory practices do not publish one.

Top Picks by Strategy

• Largest reported assets: Bessemer Trust, with $250 billion in assets under supervision firm-wide and a 99% ten-year client asset retention rate
• Best for founders and entrepreneurs: Cresset, built for founders with pre-transaction planning, concentrated stock strategies, and exit advisory
• Top pick for multigenerational wealth transfer: Oxford Financial Group, whose proprietary TOFF.HD framework guides estate and succession planning, backed by more than 45 years as a fee-only firm
• Strongest institutional-grade investment access: Callan Family Office, backed by Callan LLC's research covering $4 trillion in institutional assets
• Leading outsourced family office: Kaufman Rossin, offering nearly 60 years of lifestyle management, from fractional chief-of-staff services to art and collectibles oversight
• Best fee-only fiduciary: HB Wealth, with transparent flat-fee pricing for portfolios over $25 million and 30 years of private markets investing
• Most notable SFO: DFO Management (formerly MSD Capital), managing the wealth of Michael Dell and his family through a multi-asset global strategy in equities, credit, and real estate

Top 11 Family Offices in Palm Beach in Detail

Bessemer Trust

No other MFO in Palm Beach matches Bessemer's combination of scale and client intimacy. The firm supervises $250 billion firm-wide for 3,000 client relationships, yet maintains an industry-leading 3-to-1 client-to-employee ratio. Its 99% ten-year client asset retention rate ranks among the highest in the wealth management industry.

The Palm Beach office delivers the full Bessemer platform: portfolio management in public and private markets, trust and estate planning, charitable advisory, donor-advised funds, and even bill pay and HR services. Originally a single family office for Henry Phipps (Andrew Carnegie's business partner), Bessemer evolved into an MFO while retaining its founding family's ethos of long-term wealth preservation. UHNW families seeking a single provider for virtually every financial need will find few platforms this complete.

DFO Management (Dell Family Office)

DFO Management, known as MSD Capital until its restructuring at the end of 2022, serves one purpose: managing the wealth of Michael S. Dell and his family. This SFO invests in public and private equities, credit, and real estate through a multi-asset global strategy. The firm operates from West Palm Beach and New York with a small, specialized team.

DFO accepts no outside capital and serves no external clients. This gives it the rare luxury of focusing entirely on long-term capital growth without fund structures or client reporting cycles. For other SFO principals in Palm Beach, DFO represents a benchmark for what a fully resourced single-family operation looks like when backed by a technology fortune.

Cresset

Cresset targets founders, entrepreneurs, and wealthy families navigating concentrated stock positions, liquidity events, and pre-transaction planning from a platform with $88 billion in assets under management. The West Palm Beach office in CityPlace Tower serves as one of more than 20 locations nationwide.

The firm's fiduciary model eliminates hidden costs and extends into lifestyle and wellness coordination. Recognized by both Barron's and Forbes, Cresset combines private capital deployment access with CFO services, insurance advisory, and family education programs. Entrepreneurs in South Florida planning a business exit should note the firm's tax-efficient exit strategies and concentrated stock programs.

Oxford Financial Group

Oxford ranks among the largest independent registered investment advisors (RIAs) in the country, with $38 billion in assets under advisement firm-wide (31 December 2024). The firm brings more than 45 years of independent, fee-only advisory experience to its Palm Beach office at 231 Royal Palm Way.

Oxford's proprietary TOFF.HD framework guides multigenerational wealth transfer. Its Swindon Transition Counsel program serves business owners preparing for succession planning. The Family Office Fellows team includes attorneys, CPAs, and CFPs who coordinate estate planning, tax strategy, and portfolio management under one roof. Families with complex business interests and multi-entity structures will find Oxford's M25 Counsel service, which coordinates multiple outside advisors, especially useful.

Callan Family Office

Institutional investing discipline defines Callan Family Office's approach to serving UHNW families. Its 23 partners draw on decades of experience, and a strategic partnership with Callan LLC gives clients access to the same research and private market managers used by institutional plans overseeing $4 trillion.

The Foundations 360 program integrates wealth planning, tax strategy, and family structure into a single framework. Callan focuses on after-tax, net-of-fee results, a detail that matters for families with complex entity structures and multi-state tax exposure. Partners like Todd Rabold (who appears on financial media discussing Fed policy) and RaeAnn Mitrione (a regular CNBC market strategist) add public credibility to the firm's outlook.

WE Family Offices

WE Family Offices pairs traditional MFO services with a consulting arm for existing SFOs that need outside support. The Miami-based firm provides investment strategy and oversight, family wealth advisory, and multi-generational planning.

The consulting model is distinctive: families that already run their own SFO but need help with investment oversight or special projects can engage WE on a project basis. Michael Zeuner, featured by the CFA Institute on private market investing, leads the firm's thought leadership. Named to Financial Planning's RIA Leaders 2025 list, WE appeals to families that want objective guidance without giving up control of their own office.

FFT Wealth Management

FFT Wealth Management serves ultra-high-net-worth families in the US and internationally from its Palm Beach office at 230 Royal Palm Way. Its parent, Stanhope Capital Group, has been part of Corient since 1 June 2026, and the firm now files with the SEC as Corient SHC Wealth Management (US), with its principal office in Philadelphia.

FFT expanded through its 2019 deals for AM Global and Optima Fund Management, adding hedge fund and alternative allocation capabilities. A 2021 partnership with Stanhope Capital deepened its international access. Families seeking exposure to global alternative investments and hedge fund strategies will find FFT's platform harder to replicate locally.

Glenmede

Glenmede stands out for its sustainable and impact investing capabilities, a growing priority among Palm Beach families with active charitable giving programs. The West Palm Beach office at 222 Lakeview Avenue, Suite 1160, extends this Philadelphia-based MFO and trust company's reach into South Florida.

Regional Director Mark Parthemer, a nationally recognized trusts and estates attorney, leads the Florida practice. The team also includes a former CIO of a $1 billion family office, adding direct operational perspective to client advisory. Glenmede provides goals-based wealth management, trust and estate planning, and outsourced chief investment officer (OCIO) services for family foundations.

HB Wealth

Few Palm Beach firms match HB Wealth's fee transparency. The firm publicly discloses its model: fee-only, with clients above $25 million working on flat fees or a combined flat-fee-and-AUM basis. HB operates from Palm Beach Gardens with a mission of delivering MFO scale with an SFO mindset.

With over 30 years of private markets investing, the team (which includes CFA charterholders, CFP professionals, and a J.D./LL.M. wealth strategist) covers private equity, private credit, and private real estate. The firm earned recognition from Barron's (September 2025) and Financial Planning (November 2025). Families prioritizing fiduciary commitment and clear pricing should put HB Wealth on their shortlist.

Kaufman Rossin

Kaufman Rossin takes a different approach: outsourced family office services built on nearly 60 years of accounting and advisory experience. The firm operates from Palm Beach Gardens, Boca Raton, and Miami, serving global affluent families, athletes, and entertainers.

The lifestyle management arm runs unusually deep. Services include fractional chief-of-staff, art and wine inventory management, concierge medicine coordination, property management, and travel planning. On the financial side, Kaufman Rossin provides tax compliance, estate planning, foundation management, and digital security consulting (given that 26% of SFOs have reported cybercrime incidents). Families that need operational support rather than portfolio management will find this model purpose-built for that role.

Cooper Family Office

Cooper Family Office channels the Cooper family's capital into disruptive technologies, innovative biotechnologies, and traditional industries as a pure SFO based in Florida. The office accepts no outside clients and raises no external capital.

Cooper's distinctive trait is its network of long-term co-investment partnerships with other family offices and specialized teams. For SFO operators exploring co-investment opportunities in tech and biotech, Cooper represents a potential partner rather than a service provider. The office's multi-asset class approach and willingness to invest in early-stage disruptive companies sets it apart from the more conservative SFO model typical of Palm Beach.

Investment Trends Shaping This Market

Private Markets Domination

Palm Beach wealth platforms direct capital into private equity, private credit, and private real estate at accelerating rates. Callan Family Office accesses institutional-grade private market managers through its Callan LLC partnership. HB Wealth draws on 30 years of private markets experience. Cresset offers dedicated private allocation programs for clients navigating post-exit reinvestment. The concentration of former hedge fund and PE professionals who have relocated to South Florida reinforces this trend.

Tax-Driven Relocation and Office Formation

Florida's zero state income tax remains the single largest driver of family office growth in Palm Beach County. Families relocating from New York, Connecticut, and California often establish or restructure their offices upon arrival. Specialized Florida law firms assist with domicile changes and private trust company formation under state law. These relocations create demand for local advisory talent and expand the pool of investable family capital.

Next-Generation Wealth Transfer

Multigenerational planning has moved from optional add-on to core service in this market. Oxford Financial Group's Bespoke Generational Solutions, Cresset's family education programs, and Bessemer Trust's financial literacy offerings all reflect rising demand. As first-generation wealth creators in South Florida age, preparing heirs and protecting assets from generational entropy shapes service offerings from nearly every firm in the corridor.

Digital Security as a Priority

With 26% of SFOs reporting cybercrime incidents, digital security has become a practical concern for Palm Beach offices. Kaufman Rossin offers dedicated consulting and fraud protection audits. Regional legal advisors specialize in privacy and digital security compliance. Families establishing new offices here should treat security protocols as foundational, not supplementary.

How to Evaluate a Family Office in Palm Beach

Palm Beach families face a unique evaluation challenge: the market offers genuine depth, but the mix of national MFOs, boutique fee-only firms, outsourced providers, and legal advisors requires careful matching. Start with structure. Determine whether your family needs a full-service MFO (like Bessemer or Cresset), an outsourced operations provider (like Kaufman Rossin), or SFO consulting (like WE Family Offices).

Fiduciary status matters more in Palm Beach than in markets with fewer options. Cresset, HB Wealth, Oxford Financial Group, and Callan Family Office all operate as fiduciaries. Ask whether the firm sells products or earns commissions. Fee-only firms like HB Wealth and Oxford remove that conflict entirely.

Client-to-employee ratios reveal service quality. Bessemer Trust's 3-to-1 ratio is the published benchmark in this market. Ask prospective firms for their ratio and their ten-year client retention rate (Bessemer's is 99%). These numbers are harder to fabricate than marketing claims.

Private markets access separates Palm Beach offices from one another. Families expecting to allocate 20% or more to alternatives should verify a firm's track record in private equity, credit, and real estate. Callan's institutional pipeline, HB Wealth's 30-year private markets history, and FFT's hedge fund capabilities each serve different allocation profiles. Match your target allocation to proven capability.

Assess lifestyle and operational scope as well. Families relocating to Florida often underestimate the burden of multi-state tax compliance, property management in multiple locations, and staff coordination. Kaufman Rossin's fractional chief-of-staff and lifestyle services address this gap in the Palm Beach market.

Which Family Office Fits Your Needs?

UHNW families seeking a single provider for investments, trust administration, estate planning, and charitable advisory should focus on Bessemer Trust and Cresset. Both offer broad platforms from their Palm Beach County offices. Bessemer's $250 billion scale and 119-year track record suit families prioritizing stability. Cresset's founder-focused model serves entrepreneurs with concentrated positions or pending exits.

Business owners preparing for a liquidity event need pre-transaction expertise. Oxford Financial Group's Swindon Transition Counsel program and Cresset's exit planning services both address this need. After the sale, families weighing whether to build an SFO or join an MFO can engage WE Family Offices for consulting on the decision itself. This approach avoids locking into a structure prematurely.

Next-generation wealth holders and families with complex lifestyle needs will find different strengths at different firms. Kaufman Rossin handles the operational side (bill pay, property management, travel, art collections). HB Wealth pairs private market investing with fee-only fiduciary advice starting at $25 million. Families with active charitable giving programs should explore Glenmede's sustainable investing and OCIO services for foundations, or Bessemer's donor-advised fund platform.

Methodology

This article profiles family offices operating in Palm Beach, West Palm Beach, Palm Beach Gardens, and the broader South Florida corridor as of 2026. Office selection drew on verified market presence, publicly available data on assets under supervision or advisement, disclosed service capabilities, and fiduciary status. AUM figures reflect the most recent publicly reported numbers. Offices without disclosed AUM appear based on market presence and service scope. The article covers family offices in Palm Beach spanning SFOs, MFOs, outsourced providers, and advisory firms to reflect the full range of structures available in this market. No firm provided compensation for inclusion.