Defining family clients: Investment perspectives

“Family clients” are family members (including spousal equivalents), former family members, and certain key employees of the family office, as well as certain of their charitable organizations, trusts, and other types of entities. A person who receives assets upon the death of a family member or key employee (i.e., a beneficiary) also qualifies as a family client for purposes of the accredited investor definition for one year.

For a full list of “family clients”, see the SEC’s “family office rule” here.