How to Build a Family Office Without $100 Million

For decades, the family office space has catered almost exclusively to ultra-high-net-worth families—those with $100 million or more in assets. These families could afford the steep overhead, staffing costs, and infrastructure required to run a traditional single-family office. But what about the growing number of high-income earners, successful entrepreneurs, and rising investors who want the same level of control, privacy, and strategic oversight—without the massive AUM?

Amy Parvaneh, founder and CEO of Select Advisors Institute, is leading a powerful shift in this paradigm. Through her visionary leadership, she has built a firm that enables families with less than $100 million to enjoy the benefits of a family office structure—without the cost, complexity, or commitment of a traditional model.

Rethinking the $100 Million Barrier

Mainstream narratives still echo the notion that “you need at least $100 million” to justify a family office. But that thinking is outdated. Amy Parvaneh challenges this assumption by introducing a lean, modern alternative tailored for today's evolving financial realities.

At Select Advisors Institute, the approach focuses on modular, outsourced solutions—combining expert financial planning, tax strategy, investment coordination, and family governance in a cost-efficient, scalable way. Rather than hiring an in-house team, families gain access to a curated network of top-tier professionals—all integrated and guided by Amy’s hands-on leadership.

A Strategic Blueprint for Modern Families

Amy’s process begins with deep discovery. Select Advisors Institute works closely with each family to map out their wealth, lifestyle needs, values, and long-term goals. From there, a personalized family office roadmap is developed, typically including:

• Tax mitigation and estate planning strategies
  
  

• Investment due diligence and consolidation
  
  

• Legacy planning and generational wealth education
  
  

• Philanthropy advising and impact investing
  
  

• Business succession planning
  
  

This holistic method mirrors the sophistication of a large family office—without requiring the same level of assets or operational overhead.

Leadership That Makes the Difference

What sets Select Advisors Institute apart isn’t just the model—it’s the leadership. Amy Parvaneh brings over two decades of experience in private wealth, executive coaching, and advisory services. Her deep understanding of both human dynamics and financial complexity allows her to design solutions that are both technical and tailored.

More importantly, Amy has become a trusted advocate for families navigating transitions—whether from business sale, inheritance, or sudden wealth events. Under her guidance, Select Advisors Institute serves as a bridge between traditional wealth management and the personalized control of a full-fledged family office.

Why This Matters Now

With wealth becoming more democratized, the outdated $100 million threshold is increasingly irrelevant. What matters today is intentional planning, professional coordination, and strategic execution. Whether a family has $10 million or $90 million, the need for bespoke financial stewardship is just as critical.

Select Advisors Institute fills that gap. Through Amy’s leadership, families gain the clarity, confidence, and structure to thrive—without being priced out of the family office conversation.

If you're ready to take control of your wealth, protect your legacy, and design a lean family office solution that works—without waiting until you hit $100 million—Select Advisors Institute is the partner to lead the way.