Standing up the fractional family office has been a large undertaking at 49 Financial, which has targeted investors who have outgrown traditional wealth management services but don’t yet need a single-office approach.

The firm’s Private Wealth process integrates financial planning, investment management, tax strategy and estate planning — services typically reserved for ultra-high-net-worth families.

The fractional model leverages technology and a network of experts to deliver holistic financial solutions without the overhead costs typically associated with a full-scale family office. 49 Financial realized a significant increase in revenue per capita from 2023 to 2024, and its Private Wealth revenue credits saw a strong increase.