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.
As the younger generation has grown up and developed not only a taste for investing but also a keen understanding of new technologies, venture- and direct investing in family offices have grown.
Family philanthropy can be a complex blend of giving cultures, approaches, motivations, legacies and structures. During a time of heightened economic and geopolitical turbulence, which is also highlighting rising social inequality and deepening environmental problems, families of wealth are becoming more deeply involved in their philanthropic commitments.
On this episode of the Family Business Voice, Andy Yuen talks to Ramia about owning a favourite restaurant in one of Canada’s new culinary destinations.
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