Family Office Profiles

After selling his father’s business, Nickolas Reinhart shifted his focus to acquiring and modernizing underperforming U.S. manufacturing assets, particularly in plastics manufacturing. He built Nickolas Asset Management into a technology-driven family office spanning engineering, logistics, sustainability and advanced manufacturing technology.

Some families start a family office to create a multigenerational legacy. Consuelo Vanderbilt Costin’s family already has a multigenerational legacy — so she is launching a family office, House of Vanderbilt, to provide what she calls the “connective tissue” that will tie together generations of contributions from her family in business, culture and philanthropy.

Avanti Capital evolved from a holding vehicle into a multigenerational family office focused on long-term stewardship, impact investing and philanthropy following a 2024 restructuring. With shared governance and equal ownership, the Khazzams strengthened both their portfolio and their family unity.

Lisa Quateman traces her family office to vacant land that became a multigenerational real estate portfolio. Today, she leads Belldale LLC, balancing asset management, governance and NextGen engagement.

Drawing on their father’s entrepreneurial legacy, Jessica Millstone and her sister lead their family office, Millstone Investments, which focuses on actively deploying capital and combining market-rate investments with impact initiatives.