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.
DL Holding Group has announced an investment of $8 million (HK $63 million) to acquire 45 percent equity of its affiliated company, DL Family Office Ltd., as well as 100 percent equity of Emerald Wealth Management Ltd. for $2 million (HK $15.5 million) in cash, totaling $10 million HK $78.5 million).
PKF O'Connor Davies, LLP, one of the nations largest tax, accounting, and advisory firms has announced that PKF O’Connor Davies Family Office (PKFOD FO) has received three industry awards which recognizes its growth and innovation.
Rockefeller Capital Management announced that the most prominent private wealth advisors of Bay Area, Cheryl Young along with her team of seven, called Young & Associates have joined the the family office.mm
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