Family offices are becoming more popular by the day, and with that rise comes increasing research into growth and diversification. Family offices are privately-owned corporate structures that handle investments and wealth management, specifically for one family or a multi-family office for a number of families. The most significant difference between a family office and a pension fund, hedge fund, or endowment is that there is no pooling of capital between parties. All of the assets typically come from one family (though sometimes multiple families can work together). There are many advantages to having a family office. By acquiring a family office, the family ensures that they have hired a team that will care for their wealth management first and foremost. Family offices also tend to help mitigate risk, as it all flows to and from one source.