Abstract

This article examines the phenomena of "Family Offices" (FOs) within the context of the re-emergence of patrimonial forms of capitalism. As global wealth becomes ever more concentrated in the hands of dynastic wealth élites, we examine the new financial infrastructures - within which FOs are key - that are emerging in core urban areas to support them. We review the existing literature on the phenomena and report on an observational study of their form and functioning in London and beyond.