# Family Business Office

Family Business Office is a Multi Family Office based in Santa Ana, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Santa Ana, United States
- **Region:** North America
- **Address:** 1602 E. Fourth Street, Santa Ana, CA 92701, United States
- **Founded:** 1982
- **Assets under management:** Undisclosed
- **Website:** fbo.com
- **LinkedIn:** https://www.linkedin.com/company/richard-watts-43b06848

## Regulatory record

- **Reports private funds:** No

## About

Richard Watts established Family Business Office in 1982 after admission to the California State Bar. The firm operates from Santa Ana and serves multiple families under annual retainers that permit continuous access without per-event billing. Services span investment oversight, estate planning, and business representation. The firm deploys capital across Private Equity, Real Estate, Private Credit, Hedge Funds, and Direct Co-Investments while covering stages from Venture Capital through Distressed & Turnaround. Geographic reach includes North America, Europe, Asia, and the Middle East & Central Asia. No specific portfolio holdings or co-investors appear in public materials. Richard Watts remains the primary contact for client families. Two additional family members, Aaron Watts and Todd Watts, are listed in internal records. No philanthropic vehicles or club memberships beyond Harvard Business School alumni status for the founder are disclosed. The retainer model creates a single point of coordination that replaces fragmented advisor relationships. Families retain the right to terminate the agreement at any time.

## Sectors

- Healthcare Services
- Industrial Tech
- Mobility & Transportation
- AgriTech & FoodTech
- Energy Transition & Renewables
- FinTech
- PropTech
- EdTech
- InsurTech
- Media & Entertainment

## People

- Richard Watts — Founder and President

## Questions

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

Richard Watts, founder and president, oversees client matters on an ongoing basis and coordinates with an external network of investment specialists.

### How does Family Business Office source proprietary deal flow?

The firm relies on its long-standing network of attorneys, accountants, and sector specialists rather than public channels or third-party platforms.

### Is Family Business Office structured as a single family office or does it operate more like a venture firm?

It functions as a multi-family office serving multiple unrelated families under fixed annual retainers.

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

Public materials list both fund-of-funds commitments and direct co-investments among its investment types.

## Related profiles

- [Falcon Legacy](https://altss.com/profile/falcon-legacy)
- [Family CEO](https://altss.com/profile/family-ceo)

---

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

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

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology