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.
Rockefeller Global Family Office, the wealth management division of Rockefeller Capital Management, has expanded its reach in Houston and New York City by adding two private advisory teams. In Houston, Heritage Wealth Partners, led by Managing Director Charles Vetters, Senior Vice President Mark Dahl, and Senior Client Associate Maria Navarro, joins from Morgan Stanley Wealth […]
Luhut Pandjaitan, the head of Indonesia’s National Economic Council (DEN) and presidential advisory board, has suggested launching a family office program in February to help the country attract foreign investments from high-net-worth individuals (HNWIs). President Prabowo Subianto has approved the initiative, though an exact start date has yet to be finalized. A family office is […]
Singapore has witnessed a remarkable rise in its family office sector, with the number of single-family offices exceeding 2,000 in 2024, despite concerns over a high-profile money laundering case and delays in application processing. Chee Hong Tat, Singapore’s Second Minister for Finance and Deputy Chairman of the Monetary Authority of Singapore (MAS), shared these figures […]
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