Family Office

NEWS

The Emergence of Single-Family Offices in Central and Eastern Europe

As private wealth continues to rise across Central and Eastern Europe (CEE), affluent families are turning to more sophisticated structures to manage their fortunes. One model increasingly gaining traction is the Single Family Office (SFO)—a private entity created to oversee the financial, personal, and legacy-related affairs of a single wealthy family.

Feb 19
Why Family Offices Are Offering $190K+ for Executive Assistants

Family offices are offering high salaries to attract top talent, not just for executive positions but also for administrative roles. In some cases, executive assistants at ultra-wealthy family offices can earn base salaries of up to $190,000, with additional bonuses pushing total compensation even higher. With competition for skilled professionals heating up, family offices are […]

Feb 17
Family Offices Increased Nvidia Bets Before $589 Billion DeepSeek Sell-Off

Investment firms managing the wealth of the ultra-rich ramped up their holdings in Nvidia just before the DeepSeek-driven market rout. Regulatory filings reveal that family offices linked to Sweden’s Rausing dynasty, hedge fund billionaire David Tepper, and prominent Silicon Valley investors increased their stakes in the AI chipmaker during the last quarter of 2024. Longbow […]

Feb 14
Crestbridge Family Office Names New Chairman

Crestbridge Family Office Services has appointed Steve Sokić as its new Chairman, succeeding John Harris, who will remain with the firm in a senior advisory role. Since its establishment in 2013, the independent firm specializing in private client trust and family office services has focused on steady growth. This leadership transition aligns with its long-term […]

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It wasn’t until the 1980s that family offices started to multiply, first in the US, then elsewhere. It was around that time that the wealth held by families began to grow at a significantly faster rate.

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