Key Takeaways
- • Noblehouse Family Office, a multifamily office led by Principal and Head of Family Office Mekkos Jones, now serves client families across 19 states and Washington, D.C., targeting households with $5 million to $50 million or more in investable assets.
- • The firm positions itself in the gap below the roughly $100 million threshold that it says has historically defined true multifamily office service since the 1980s.
- • Noblehouse's proprietary leakage assessment estimates annual cost of fragmented advice at $50,000 to $400,000 per family, driven by unreviewed tax planning, outdated estate documents, unexamined investment fees, and unpriced banking relationships.
- • Deloitte Private estimates North America had 3,180 single-family offices in 2024, projected to reach 4,190 by 2030, while Cerulli Associates projects $124 trillion in wealth transfer through 2048.
Summary
Noblehouse Family Office, the multifamily office led by Principal and Head of Family Office Mekkos Jones, has expanded its client footprint to families across 19 states and Washington, D.C., according to the firm's announcement. Texas, Florida, California, New York, North Carolina, South Carolina, Georgia, Massachusetts and Connecticut hold the largest concentrations of its client families. The firm serves families with $5 million to $50 million or more in investable assets through a single coordinated team spanning investment, tax, estate, trust and banking specialists.
The release frames the move around a gap in the market. Per the firm, true multifamily office service has been reserved since the 1980s for families with $100 million or more, a threshold it says still applies at the largest multifamily offices and the private banking arms of major Wall Street firms. Families below that level typically rely on separate professionals, such as an attorney, a CPA, a wealth manager and a banker, who do not coordinate. Noblehouse calls the resulting inefficiency "leakage" and says its directional assessment places the annual cost between $50,000 and $400,000 per family. Those estimates come from the firm's own methodology and have not been independently verified.
Citing Deloitte Private, the release notes that North American single-family offices grew from an estimated 2,210 in 2019 to 3,180 in 2024, with 4,190 projected by 2030. It also cites Cerulli Associates' projection of $124 trillion in wealth transfer through 2048, of which $62 trillion is expected to come from high-net-worth and ultra-high-net-worth households, which the firm notes make up 2% of households. A March 2026 BNY Wealth guide is cited as indicating that families with $250 million or more typically establish a single-family office.
Noblehouse's model combines a network of Enrolled Agents and CPAs, attorneys, institutional trust administration with trustee and co-trustee services, banking specialists and a physician-led medical network through its Private Health Office. New clients proceed through a Private Briefing, a Financial Architecture Review measuring leakage across tax, investment, estate, insurance, banking and coordination, and a Family Architecture Session to build a working plan. Its client base includes business owners, physicians, corporate executives with concentrated stock, real estate principals, multigenerational families and heirs.
Jones previously spent more than two decades across private capital strategy, private credit, structured real estate, risk management and wealth planning. He was an executive at Catalyst Capital, where he directly managed a team responsible for more than $1 billion in private capital, credit and real estate projects, and held institutional roles at Charles Schwab and Fidelity Investments.
The release frames the move around a gap in the market. Per the firm, true multifamily office service has been reserved since the 1980s for families with $100 million or more, a threshold it says still applies at the largest multifamily offices and the private banking arms of major Wall Street firms. Families below that level typically rely on separate professionals, such as an attorney, a CPA, a wealth manager and a banker, who do not coordinate. Noblehouse calls the resulting inefficiency "leakage" and says its directional assessment places the annual cost between $50,000 and $400,000 per family. Those estimates come from the firm's own methodology and have not been independently verified.
Citing Deloitte Private, the release notes that North American single-family offices grew from an estimated 2,210 in 2019 to 3,180 in 2024, with 4,190 projected by 2030. It also cites Cerulli Associates' projection of $124 trillion in wealth transfer through 2048, of which $62 trillion is expected to come from high-net-worth and ultra-high-net-worth households, which the firm notes make up 2% of households. A March 2026 BNY Wealth guide is cited as indicating that families with $250 million or more typically establish a single-family office.
Noblehouse's model combines a network of Enrolled Agents and CPAs, attorneys, institutional trust administration with trustee and co-trustee services, banking specialists and a physician-led medical network through its Private Health Office. New clients proceed through a Private Briefing, a Financial Architecture Review measuring leakage across tax, investment, estate, insurance, banking and coordination, and a Family Architecture Session to build a working plan. Its client base includes business owners, physicians, corporate executives with concentrated stock, real estate principals, multigenerational families and heirs.
Jones previously spent more than two decades across private capital strategy, private credit, structured real estate, risk management and wealth planning. He was an executive at Catalyst Capital, where he directly managed a team responsible for more than $1 billion in private capital, credit and real estate projects, and held institutional roles at Charles Schwab and Fidelity Investments.
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