Noblehouse Family Office Extends Multifamily Services to 19 States

The Plano-based firm serves families with $5 million to $50 million in assets through a coordinated team of specialists, targeting a segment typically below single-family office thresholds.

By the Family Office Real Estate Daily Desk·Thursday, October 15, 2026·2 min read

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What states does Noblehouse Family Office serve and what types of families is it designed for?

Noblehouse Family Office, led by Principal Mekkos Jones and based in Plano, Texas, has expanded multifamily office services to families across 19 states and Washington, D.C. The firm targets families with $5 million to $50 million or more in investable assets — a segment it says falls below the $100 million threshold typically required by single-family offices and major multifamily offices. Noblehouse estimates uncoordinated advisory gaps cost client families between $50,000 and $400,000 a year.

Key facts

Noblehouse Family Office now serves client families across 19 states and Washington, D.C., according to the firm.
Noblehouse Family Office targets families with $5 million to $50 million or more in investable assets, according to the firm.
Mekkos Jones, Principal and Head of Family Office at Noblehouse, said 'Protecting a generational legacy should not require a $100 million fortune.'
Noblehouse Family Office's leakage assessment places the annual cost of uncoordinated advisory gaps between $50,000 and $400,000, driven by factors including tax planning done once a year, outdated estate documents, unquestioned investment fees, and banking relationships that were never priced.
Deloitte Private estimated 2,210 single-family offices in North America in 2019 and 3,180 in 2024, and projects 4,190 by 2030, according to the source text.
Cerulli Associates projects that $124 trillion in wealth will transfer through 2048, with $62 trillion coming from high-net-worth and ultra-high-net-worth households, which make up 2% of households, according to the source text.

Noblehouse Family Office Extends Multifamily Services to 19 States — Image: editorial illustration · Story sourced from markets.businessinsider.com

Noblehouse Family Office, led by Principal Mekkos Jones, has expanded its multifamily office services to client families across 19 states and Washington, D.C. The Plano-based firm serves families with $5 million to $50 million or more in investable assets through a single coordinated team of investment, tax, estate, trust, and banking specialists.

The largest concentrations of Noblehouse families are in Texas, Florida, California, New York, North Carolina, South Carolina, Georgia, Massachusetts, and Connecticut. The firm also serves families in Maryland, New Jersey, Pennsylvania, Virginia, Washington State, Colorado, Illinois, New Hampshire, Nevada, and Arizona.

The firm was built for families who fall below the typical threshold for a single-family office. BNY Wealth noted in a March 2026 guide that families with $250 million or more typically establish a single-family office. Deloitte Private estimated 2,210 single-family offices in North America in 2019 and 3,180 in 2024, and projects 4,190 by 2030.

"Protecting a generational legacy should not require a $100 million fortune," Jones said.

Noblehouse targets families who lack coordinated advisory teams. According to the firm, true multifamily office service has been reserved since the 1980s for families with $100 million or more. That threshold holds at both the largest multifamily offices and the private banking arms of major Wall Street firms. Below that level, families typically work with an attorney, a CPA, a wealth manager, and a banker who do not coordinate with one another.

The firm calls the cost of those gaps leakage. Its leakage assessment places that cost between $50,000 and $400,000 a year, driven by tax planning done once a year, outdated estate documents, unquestioned investment fees, and banking relationships that were never priced. "Most families have advisors. Almost none have an architecture," Jones said.

Cerulli Associates projects that $124 trillion in wealth will transfer through 2048, with $62 trillion coming from high-net-worth and ultra-high-net-worth households, which make up 2 percent of households. Noblehouse clients include business owners before and after a sale, physicians and practice owners, corporate executives with concentrated stock, real estate principals, multigenerational families, and heirs.

The firm's professional network brings together Enrolled Agents and CPAs, attorneys, institutional trust administration with trustee and co-trustee services, banking specialists, and a physician-led medical network through the firm's Private Health Office. New clients begin with a Private Briefing, move to a Financial Architecture Review that measures leakage across tax, investment, estate, insurance, banking, and coordination, and finish with a Family Architecture Session in which the team turns the review into a working plan.

Jones founded Noblehouse after more than two decades across private capital strategy, private credit, structured real estate investment, 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. "One coordinated team, one integrated plan," Jones said. "The gaps close, and the leakage stops."

The Deployment Angle

Family Office Real Estate Daily Desk · our analysis, not the source's

For family principals evaluating office structure, this expansion illustrates the gap in the market between retail wealth management and true single-family office scale. If your assets sit between $5 million and $100 million, you face full succession complexity without the integrated team built to handle it. The $50,000 to $400,000 annual leakage estimate is worth validating against your own coordination cost. Add your standalone tax bill, legal fees, wealth management fees, and the opportunity cost of banking relationships never negotiated as a package. If the total exceeds the all-in cost of a coordinated platform, you are paying for fragmentation.

The model here is multifamily office services unbundled from the $100 million minimum. That minimum exists because Wall Street's economics require it. A firm serving smaller families must either charge more per family or operate at lower cost per service line. Noblehouse appears to solve for the latter through a network model rather than full in-house staff. The question for a family principal is whether network coordination delivers the same outcome as captive staff. The answer depends on how tightly the network is managed and whether the professionals work from a single integrated plan or simply share a client.

For families with real estate as a core holding, the presence of structured real estate experience in the founding background matters. Tax planning done annually is tax planning done too late. Real estate generates complexity at the entity level, the transfer level, and the exit level. If your advisor only sees the K-1 once a year, you are leaving basis adjustments, cost segregation, and 1031 structure on the table. The architecture model suggests year-round coordination. That is the right approach. The test is execution.

The relevant comparison is not Noblehouse versus a single-family office. It is Noblehouse versus your current roster of siloed professionals. If you pay a CPA, an estate attorney, a wealth manager, and a banker separately, and they do not talk to one another, you already have a multifamily office. You are just running it yourself. The question is whether delegating that coordination and paying for it explicitly saves more than it costs. The firm's leakage framework gives you the arithmetic to answer that.

Questions this story answers

01Which states does Noblehouse Family Office currently serve?

Noblehouse Family Office serves families in 19 states and Washington, D.C. The largest concentrations are in Texas, Florida, California, New York, North Carolina, South Carolina, Georgia, Massachusetts, and Connecticut. The firm also serves families in Maryland, New Jersey, Pennsylvania, Virginia, Washington State, Colorado, Illinois, New Hampshire, Nevada, and Arizona.

02What is the minimum asset level to work with Noblehouse Family Office?

Noblehouse Family Office serves families with $5 million to $50 million or more in investable assets, according to the firm. The firm positions itself for families who fall below the $100 million threshold typically required by single-family offices and the largest multifamily offices and private banking arms of major Wall Street firms.

03What is the 'leakage' that Noblehouse Family Office refers to, and how much does it cost families?

Noblehouse Family Office uses 'leakage' to describe the cost of gaps created when advisors — attorneys, CPAs, wealth managers, and bankers — do not coordinate with one another. The firm's leakage assessment places that cost between $50,000 and $400,000 a year, driven by tax planning done once a year, outdated estate documents, unquestioned investment fees, and banking relationships that were never priced.

04What is Mekkos Jones's background before founding Noblehouse Family Office?

Mekkos Jones founded Noblehouse after more than two decades across private capital strategy, private credit, structured real estate investment, risk management, and wealth planning. Jones 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.

05How does the onboarding process work at Noblehouse Family Office?

According to the firm, new clients begin with a Private Briefing, then move to a Financial Architecture Review that measures leakage across tax, investment, estate, insurance, banking, and coordination. The process concludes with a Family Architecture Session in which the team turns the review into a working plan.

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