As Ultra High Net Worth Families from the US, Europe and Latin America face accelerating change and globalization in all aspects of their wealth management, and as wealthy families continue to increase their demand for independent, conflict-free advice, two leading independent, family focused wealth advisors have established an alliance to collaborate in serving global wealthy families.
WE Family Offices, with offices in New York and Miami currently serves more than 65 families and advises in more than $3.4 billion. MdF Family Partners, based in Madrid and with offices in Barcelona, Geneva and Mexico City, currently serves more than 20 families and advises on more than €1 billion. The two firms have signed an alliance agreement, providing each firm and its clients access to the others resources, network and intellectual capital.
“As families themselves, as well as the investment opportunities and challenges they face, become increasingly global, we are forming the alliance to leverage the intellectual capital and expertise of each firm”, said Maria Elena Lagomasino, Managing Partner and CEO of WE Family Offices.
“MdF and WE were both founded on the same principles of independence and trust, and both have built successful businesses based on providing independent, conflict free, boutique advisory services to a select group of wealthy families”, said Daniel de Fernando, Managing Partner of MdF Family Partners.
Advisory clients of each firm will continue to be advised by that same firm but will benefit from access to a deeper global investment platform, and broader wealth planning services across multiple jurisdictions, including the United States, Latin America, The European Union, and Switzerland,” added Ms. Lagomasino.
“The Managing Partners of each firm –Ms. Lagomasino, Mr. de Fernando, Jose Maria Michavilla, Michael Zeuner- and I are confident that the values, culture and vision of each of our firms are highly compatible and aligned. Through the alliance, we can provide excellent service to international families from the US, Europe and Latin America”, said Santiago Ulloa, Managing Partner of WE Family Offices.