MdF Family Partners

What MdF Family Partners does

MdF Family Partners (legal name MdeF Partners, S.L.) is an independent, privately-held multifamily office headquartered at Calle Serrano 1, Madrid, with a secondary office in Barcelona. Founded in 2008 by former Spanish Minister of Justice José María Michavila and Daniel de Fernando (currently also CIO of the allied WREN Investment Office in London), the firm provides integrated financial, wealth, and family-strategy advisory to high-net-worth and ultra-high-net-worth families and family offices, plus foundations and endowments. As of June 2023, it employed over 50 professionals serving 55 family groups, and emphasized that 100% of its capital is held by executives and board members, with no external commercial interference.

The firm operates through several service modules: core Family Office Services (investment management, financial planning, strategic advisory); Foundations and Endowments advisory; Family Governance (Buen Gobierno Familiar); Philanthropy strategy; and a Collaboration with Family Office offering for peer institutions. The Strategic Wealth Advisory Team (SWAT) coordinates the firm's highest-tier strategic work, including wealth restructuring and liquidity-event management. Revenue is generated primarily through recurring advisory and wealth-management fees on multi-year contracts, with pricing tailored to each client family and not publicly disclosed. Service delivery is relationship-based and partner-led, with managing partners and senior advisors engaged directly with clients in Madrid and Barcelona and cross-border reach via a tri-jurisdictional alliance with WE Family Offices (USA) and WREN Investment Office (UK). The firm has no proprietary technology platform; it uses standard financial-services infrastructure for portfolio management, reporting, and CRM.

The target customer base is concentrated Spanish and Iberian HNW/UHNW families, with growing Latin America exposure (Spain-anchored LATAM families served by partners with prior LATAM private banking experience at UBS, JP Morgan, Credit Suisse, and Deutsche Bank), plus cross-border families served through the WE/WREN alliance. The firm earns recurring advisory fees; pricing is custom and per engagement, not publicly disclosed. Geographic go-to-market is Regional (Spain-centric) with international reach through alliance partners, supplemented by earned media placement in Expansión, El Confidencial, and Knight Frank, and active participation in industry events such as the Funds Society Leaders Summit, Multifamily Office Journeys, Cotizalia Round Tables, and the inaugural 'Puentes de Capital: Family Offices España & Latinoamérica 2026'.

Name

MdF Family Partners

Legal name

MdeF Partners, S.L.

Website

https://mdffp.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

MdF Family Partners is an independent, partner-owned Spanish multifamily office founded in 2008, serving 55 high-net-worth and ultra-high-net-worth family groups with integrated wealth advisory, portfolio management, family governance, philanthropy, and foundation services from Madrid and Barcelona.

Ownership category

akta.pro rank

Product category

Multi-Family Office Wealth Advisory

NAICS

Trusts, Estates, and Agency Accounts (52592), Other Financial Vehicles (525990)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Office Advisory (Single/Multi-Family) (FSAEAAAI)

akta.pro secondary industries

Family Business & Succession Advisory (FSAAADAL), Estate Planning, Trust Structuring & Governance (FSAAADAF), Philanthropy, Foundations & Grantmaking Advisory (FSAAADAG), Family Office Services (Single & Multi-Family Office) (FSABADAF)

Keywords

• Wealth advisory services
• Family office services
• Portfolio management
• Family governance advisory
• Philanthropy advisory services

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Advisory and Wealth Management Fees: MdF Family Partners earns fees for providing independent financial advisory, wealth management, and family governance services to high-net-worth families and family offices. Services include strategic wealth advisory, portfolio management, family governance, philanthropy planning, and collaboration with other family offices.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

MdF Family Partners is an independent multi-family office that provides fee-based wealth advisory, portfolio management, family governance, philanthropy, and foundation/endowment advisory services to ultra-high-net-worth families, family offices, and foundations. The firm operates with no proprietary products to sell, no third-party distribution agreements, and no external commercial interference, with capital 100% controlled by its own executives and board members.

Product overview

MdF Family Partners operates as a multifamily office offering an integrated suite of wealth management and advisory services. The core offering includes Family Office Services as the primary product, supplemented by specialized services for Foundations (Endowments), Family Good Governance, and Philanthropy. The firm also offers Collaboration with Family Office services for peer institutions. The Strategic Wealth Advisory Team (SWAT) coordinates strategic methodologies for families undergoing wealth restructuring or liquidity events. Services are delivered through teams specializing in Portfolio Management, Client Relations, and Investment Advisory, with a focus on independence and conflict-free advice.

Differentiator

Problem solved

Functional benefit

Products and services

• Family Office Services Comprehensive multi-family office services for ultra-high-net-worth families and family groups, including investment management, financial planning, strategic wealth advisory, portfolio construction, and ongoing client advisory delivered by dedicated relationship teams.
• Collaboration with Family Office Collaboration services for other family offices seeking independent advisory support and partnership, allowing peer family offices to leverage MdF's investment advisory, governance, and best-practice frameworks.
• Foundations (Endowments) Specialized advisory services for foundations and endowments, supporting their financial management, investment strategy, asset allocation, mission-aligned governance, and oversight of multi-asset portfolios.
• Family Good Governance (Buen Gobierno Familiar) Advisory services focused on family governance structures, succession planning, family protocol design, and continuity of family wealth across generations.
• Philanthropy Services helping families design and implement philanthropic strategies and charitable giving programs, including mission-aligned giving structures and governance of philanthropic vehicles.

Quantifiable outcome

• Serving 55 family groups with a team of 50+ professionals as of 2023, demonstrating scale and trust built over 15 years.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• WE Family OfficescoreStrategic or Co-development Partner · 1 January 2016WE Family Offices is MdF's strategic partner in the United States as part of a closely cooperating international alliance. The alliance also includes WREN Investment Office (UK). This cross-border cooperation enables MdF to serve internationally mobile families with consistent advisory standards across jurisdictions.
• WREN Investment OfficecoreStrategic or Co-development Partner · 1 January 2016WREN Investment Office, based in London, is the UK arm of the international multifamily office alliance that includes WE Family Offices (US) and MdF Family Partners (Spain). Wren was established in 2016 and is owned by its directors, employees, and alliance members. Daniel de Fernando serves as Chief Investment Officer of Wren Investment Office. The alliance was designed to provide wealthy families with coordinated advisory across the UK, US, and Spain.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Singular Bank: Spanish private bank focused on HNW and family office clients with discretionary portfolio management and advisory services. A relevant Iberian competitor on wealth advisory even if not branded as a multifamily office.
• Abante Asesores: Spanish independent financial advisory firm offering wealth management, asset allocation, and family office services to affluent and HNW clients. Overlaps with MdF on the advisory and portfolio management functions in the Spanish market.
• Andbank: Andorran private bank with a substantial Spanish wealth management franchise and dedicated family office services for HNW clients. Comparable on private banking and family advisory in Iberia but operates as a regulated bank rather than an independent multifamily office.

Direct peers

• Well-Linked Partners: Independent Spanish multifamily office serving HNW and UHNW families with integrated wealth advisory, family governance, and investment management. Closest Iberian direct competitor to MdF in terms of service catalog and target clientele.
• WE Family Offices: US-headquartered independent multifamily office and MdF's strategic alliance partner since 2016, serving HNW families with independent wealth advisory and recognized as Best Multifamily Office North America in 2022. Directly comparable in business model, independence thesis, and target clientele.
• Carat Wealth Advisors: Spanish independent multifamily office focused on HNW families with an emphasis on independence and conflict-free advice, broadly comparable to MdF in customer segment, geography, and service offering.
• WREN Investment Office: London-based independent multifamily office and MdF's UK alliance partner, established 2016 with MdF's Daniel de Fernando as CIO. Operates with the same independence-by-design structure and serves internationally mobile wealthy families, making it a near-perfect direct peer.

Emerging players

• Pitcairn: US-based independent multifamily office serving HNW families with multi-generational wealth planning, family governance, and investment advisory. Comparable to MdF in the independent, family-centric niche though smaller in scale.

Broad incumbents

• UBS Wealth Management: Global private bank offering integrated family office, investment advisory, lending, and capital markets services; Eduardo Rodríguez-Legorburu joined MdF from UBS's Global Family Offices team. Represents the bank-affiliated alternative against which MdF's independence thesis is positioned.
• Stonehage Fleming: One of the largest independent multifamily offices globally, headquartered in the UK with significant presence across Europe, South Africa, and Israel. Provides the same family governance, investment advisory, and cross-border wealth structuring services as MdF, but at meaningfully greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MdF Family Partners