List of the 20 largest Multi Family Offices in Italy [2025]

List of 3 large Italian multi-family offices

Italy has many affluent families with billions of euros of net worth. These families have built up their fortunes through activities in the industry, the automotive sector, fashion, and other important Italian business areas. In recent years, an increasing number of wealthy families manage their capital through multi-family offices, asset management and consulting firms tailored to the needs of entrepreneurs’ families. In the following, we are introducing three important Italian multi-family offices.

1. Tosetti Value S.I.M. Spa (Torino)

In 1997, Dario Tosetti founded Tosetti Value. Today, the family office is one of the most important European multi-family offices. The family office supervises the performance of financial and real assets, takes over management for families, and helps with family governance topics. The firm has over 100 clients and over €5 billion in assets under management. As a family office, they take care of each client’s supervision of financial and real assets, management of legal and fiscal aspects, family governance, and management of social and philanthropic activities.

2. CIV – Compagnia per l’Innovazione e per i Valori S.r.l. (Milan)

CIV was launched in 2013 in Milan. The firm offers market analysis, asset allocation, corporate finance, philanthropy, and further services. One big focus area of CIV is sustainability, focusing on investments that contribute to a greener and fairer future. Alessandro Nitti, a former JPMorgan and Banca Intesa banker, founded CIV. An unusual feature of CIV is that itself is active in social projects in the fields of art and education, and it takes a sustainable approach to some of its investments.

3. Secofind SIM SpA (Milan)

Also, Secofind is Milan-based, which is a hotspot for Italian single and multi-family offices. The family office from Milan is focused on the allocation and supervision of financial assets for wealthy families. The firm was founded in 1994 as a single-family office for one dedicated family. Between 2000-2007, Secofind opened up for further families, thereby being one of the first Italian multi-family offices. The family office takes over risk management, strategic portfolio construction, monitoring, and active management of assets.

Available information in our Global single-family office list

Our database of the largest Italian multi-family offices includes the following data points (given availability):

• Company data (Company name, Legal form, Country of origin)
• Contact details (URL, address, e-mail, telephone number, executives)*
• Family information (Name, Estimated family assets in M€, Holding structure)*
• Area of activity
• Real Estate Focus (Yes/No) / Real Estate Focus Details / Example Real Estate Investments
• Venture Capital Focus (Yes/No) / Details on Venture Capital Focus / Examples of Venture Capital Investments
• Private Equity Focus (Yes/No) / Details on Private Equity Focus / Examples of Private Equity Investments
• Financial assets focus (Yes/No)
• Renewable Energies Focus (Yes/No)
• Other focus (Art, Forest and agricultural areas, etc.)
• Further information (Date of entry creation, last check and last update)

Picture source: Chris Szernak (10.04.2024)