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.
Peter Hargreaves, the co-founder of Hargreaves Lansdown, one of the largest financial services business in the U.K has been investing in private equity funds and Blue Whale to expand his 'embryonic family office'.
Interest in private market investments show no signs of decline and continue to hold the first spot among Ultra-High Net-Worth(UHNW) families according to the recently released 2nd Annual Family Barometer 2021 by Global wealth manager Julius Baer.
Rockefeller Capital Management, a leading financial firm, which is built from the Rockefeller family of 139 years is reshuffling the leadership ranks within its global family office after a long-time executive resigned from their role.
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