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PF MFO “Planning Ahead”
The Multi-Family Office (MFO) of Philippe Feller specialises in handling a clientèle of professional
sportspeople. The Principality of Monaco offers many benefits for this profile of client.
“The issues that high-level sportspeople Importance of investing in the future Bricks and mortar: a fundamental
have are rather particular. They arrive into Sportspeople have short careers.“A investment
the professional arena at around age 20, a professional footballer generally stops playing The approach of PF MFO includes, of course,
carefree age, during which they very quickly at around 30 to 35, a golfer at 40 to 45 years bricks and mortar. The acquisition of several
earn a lot of money and have to manage old and what most of these professionals earn properties in different European countries
colossal sums with the maturity of a person over a 10-year career, they must invest in order (Belgium, The Netherlands, Luxembourg and so
aged 40. It is certainly not easy for these to provide for the needs of their family over on) enables a guarantee of recurrent revenue.
young people,” observes Philippe Feller, the next 40 to 50 years. We are there to guide “Real estate is a reassuring investment. In
Managing Director of PF MFO. Along with them and to give them a financial education. order to finance these investments, we create
his savoir-faire and his network, this MFO, We work out their minimum daily needs and a 10-year credit agreement, making the most
created in 2019, has been able to appeal to we help them to build up their estate. With of banks’ current interest rates, which are
this new clientèle. Monaco is, traditionally, the help of our network of experts, we guide extremely low.”
the place of choice for champions, such as them through three different ways to invest – a PF MFO does not look after only the financial
Borg, Coulthard and Djokovic, to name but security portfolio, real estate and financing. affairs of professional sportspeople: like an
a few. They are attracted by the lifestyle, as In terms of moveable assets, we favour life orchestra conductor, the company coordinates
well as by the tax laws, so tennis players, F1 insurance contracts under European law, all day-to-day issues, such as the choice of
drivers and cyclists have made Monaco their managed by carefully selected institutions. school, moving house and opening bank
home for decades. Thanks to Philippe Feller’s accounts. Philippe Feller has 30 years’
expertise and to word-of-mouth, PF MFO has The mobility of athletes is a major factor experience in the area of wealth management
also developed a client base of professional in monitoring their assets. A life insurance and he has created a network of experts based
sportspeople and former athletes living contract also makes it possible to ensure the in different countries, on whom he can rely.
outside the Principality. “Some come to me sustainability of the asset situation.” “Our strong point is our independence. This
because they wish for better guidance in the allows us to do our job with no conflict of
monitoring and management of their wealth.” interest and in all transparency.”
© Depositphotos/tkentoh
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