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.
How Younger Generations Are Transforming Family Offices Amid the Great Wealth Transfer The transfer of wealth across generations is reshaping the traditional family office as Gen X and millennials inherit unprecedented amounts of wealth. According to Cerulli Associates, over $85 trillion is set to pass to heirs by 2048. This phenomenon, often referred to as […]
Kimberly Sheehy has been appointed as the new head of a family office group owned by Fidelity Investments’ parent company. Sheehy, a seasoned Fidelity veteran, will oversee the Communities Center of Excellence, which includes two exclusive networks: Forge Community for professionals managing ultra-wealthy family investments and Finteract for financial advisers. She succeeds Jennifer Richardson, who […]
UAE family offices are rapidly emerging as pivotal players in global wealth management, driven by advancements in regulation, tax advantages, and a focus on sustainability. A Growing Wealth Management Hub Over the past decade, the UAE has transformed into a global wealth hub. Joe Ives, Middle East managing director at IQ-EQ, attributes this evolution to […]
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