Summary:
Multi family offices play a crucial role in structuring and growing the wealth of large family fortunes, with Monaco being a leading jurisdiction for such structures.
Full Story:
Monaco, renowned for its allure and opulence, has become a hub for multi-family offices, playing a crucial role in structuring, securing, and expanding the wealth of affluent families. As the second country, following Luxembourg, to legislate in this area, the Principality now boasts more than 30 of these specialized firms. Aurore Shaki, the founder and CEO of Monaco United Advisors (MUA), a distinguished legal professional with expertise in business and corporate law, sheds light on the inner workings of this regulated profession. Since 2016, these offices have become indispensable in bolstering Monaco’s appeal as a premier global destination.
Source:
L’observateur de Monaco
