PKF O’Connor Davies Awarded ‘Best Multi-family Office’ at Private Asset Management Awards 2020
Family office services division recognized in “Best Multi-family Office over $10 billion” category
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today that PKF O’Connor Davies Family Office (PKFOD FO) was named “Best Multi-family Office Over $10bn” at the Private Asset Management Awards 2020. The winners were announced at a ceremony in New York City on February 6, 2020. Each year, Private Asset Management recognizes the top investment professionals, wealth advisors, legal firms, consultants, and other key service providers in the private asset management space. The award reflects a growing industry demand for independent, conflict-free advisors who deliver a comprehensive set of family office services with objective, strategic advice.
“Ultra-high-net worth families have complex lives and face a unique set of issues, and we’ve continually evolved our broad set of customized services and outsourced solutions to meet their financial, business and personal needs,” said Gemma Leddy, Partner-in-Charge of PKFOD FO. “Our approach is rooted in providing conflict-free strategies and solutions. The entire family office team, including leaders Marc Rinaldi and Steve Prostano, is grateful to Private Asset Management for its recognition of our modern alternative to the traditional multi-family office model.”
The annual Private Asset Management awards are selected by a panel of industry experts based on a mix of qualitative and quantitative performance indicators, including financial progress, growth, client satisfaction, and product innovation.
As the family office sector has shifted towards objective advice and comprehensive services, accounting and professional services firms have gained an advantage in the industry. PKFOD FO provides unparalleled experience, specialized expertise and innovative solutions. Over the past year, the practice has been one of the fastest growing in the firm, building its offerings around engaging with single family offices, tax planning, and outsourced solutions. It made significant additions in technology and talent over the last year, including adding Prostano, a recognized thought leader in the family wealth and family office space, to the team.
“All of the upgrades and expanded capabilities we’ve undertaken in the last year have been in pursuit of greater client service and meaningful solutions for the clients we serve,” said Prostano, Head of Family Advisory Services at PKFOD FO. “It’s the unwavering focus on the families that depend on us that make awards like this possible and even more meaningful.”
PKFOD FO is the award-winning Family Office division of PKF O’Connor Davies, LLP. PKFOD FO offers financial, tax, accounting, planning, investment, transaction, philanthropic and business acumen along with direct, alternative and sustainable investments, family office, Wall Street insights, and entrepreneurial business experience and leading technology.