The United Arab Emirates is quickly becoming one of the world’s top destinations for family offices, with tax incentives, pro-crypto regulations, and streamlined business processes drawing ultra-wealthy individuals from around the globe.
Pitcairn, a long-established multi-family office based in Conshohocken, Pennsylvania, has completed its first-ever acquisition, purchasing Brightside Partners, a Baltimore-based RIA specializing in ultra-high-net-worth clients. Brightside, led by partners Pace Kessenich, Ryan Pollard, and Justin Bakewell, oversees approximately $2.5 billion in client assets, primarily in non-discretionary advisory services. With this deal, Pitcairn’s total assets under advisement […]
Corient, a national wealth management firm, has acquired Geller MFO, the multi-family office division of Geller & Co. This move strengthens Corient’s foothold in the competitive New York wealth management market. The deal adds approximately $10.4 billion in assets under management and advisement to Corient. Geller MFO specializes in delivering tailored family office services to […]
Despite stricter anti-money-laundering regulations and high operational costs, Singapore continues to attract a growing number of single-family offices. In 2024, the city-state saw a 21% increase, bringing the total to 2,000 such entities, according to the Monetary Authority of Singapore. Richard Lewis of Schroders Wealth Management attributes this growth to Asia’s rising population of ultra-high-net-worth […]
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