In the UHNW Institute’s Advisory Business Model classification framework, the roles and service relationships of advisory firms are delineated according to their service focus (domains served) and pattern of integration with other firms and providers.

Those with a Family Wealth Advisory business model operate as a fully integrated family office or other UHNW service model, offering a breadth of services through some combination of in-house and external individuals or teams. What distinguishes an integrated advisory firm of this type are the additional qualitative knowledge, skills, and abilities needed for organizing and integrating services for the benefit of their client(s). These optimal abilities are outlined in the Family-Advisory Relationships domain. A family wealth advisory hub will have one or more staff or teams able to act as integrated family wealth advisors, supported by the necessary organizational resources and systems.

A client family will typically have only one Family Wealth Advisory firm serving as a hub.  Families with a well-resourced single family office will commonly have the office serving in that role.