# Boston Family Office

Boston Family Office is a Multi Family Office based in Boston, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** Boston, MA, United States
- **Founded:** 1996
- **Assets under management:** 1868 (Altss estimate)
- **Website:** bosfam.com
- **LinkedIn:** https://www.linkedin.com/company/the-boston-family-office

## About

Boston Family Office was founded in 1996 by George Putnam III and George P. Beal. Putnam holds a 30 percent interest and descends from the family behind Putnam Investments. Benjamin T. Richardson serves as partner and chief investment officer and traces his lineage to the Richardson family. The firm allocates across private equity, real estate, hedge funds, secondaries and venture capital. It maintains exposure to buyout, growth and venture stages. Allocations remain concentrated in North America. Technology interests include biotech and enterprise software, while sector coverage extends to healthcare services and industrial tech. The firm lists 1,868 million dollars under management. It maintains affiliations with New Generation Advisors and New Generation Research, both based in Boston. George Beal participates in the Council for the Arts at MIT. Philanthropic commitments include College of the Atlantic, Friends of Acadia and Gloucester Marine Genomics Institute. Ownership remains distributed among the founding principals rather than a single lineage. The structure preserves direct control by descendants of the Putnam and Richardson families while serving additional client capital.

## Sectors

- Healthcare Services
- Industrial Tech
- Biotech
- Enterprise Software

## People

- George Putnam III — Founder
- George P. Beal — Managing Partner and Co-Founder
- Benjamin T. Richardson — Partner and Chief Investment Officer

## Questions

### Who runs investment decisions at Boston Family Office?

Benjamin T. Richardson serves as partner and chief investment officer. George P. Beal acts as managing partner. George Putnam III participates as founder with a 30 percent ownership stake.

### Is Boston Family Office structured as a single family office or does it operate more like a multi-family office?

It operates as a multi-family office. The firm serves multiple client relationships beyond the founding families while retaining principal ownership among Putnam and Richardson descendants.

### What investment stages does Boston Family Office typically target?

The firm targets buyout, growth and venture capital stages. Allocations occur through private equity, venture vehicles and secondaries.

### Does Boston Family Office participate in fund commitments or only direct deals?

It uses fund-of-funds vehicles alongside direct and alternative commitments. The mix includes hedge funds, private equity and real estate allocations.

## Related profiles

- [Roundview Capital Family Office](https://altss.com/profile/roundview-capital-family-office)
- [Newlight Partners](https://altss.com/profile/newlight-partners)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/boston-family-office

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