Valori Asset Management
Valori Asset Management is an independent, CSSF-authorized wealth and asset management firm serving HNWI, families and institutional clients in Italy and Luxembourg via advisory, discretionary management and multi-family-office services.
- Company typePrivate
- Founded2014
- HeadquartersMilan, Italy
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Valori Asset Management does
Valori Asset Management SA is an independent, founder-owned wealth and asset management firm headquartered in Luxembourg (Boulevard Joseph II, 43) with a Milan operational headquarters (Via Manzoni, 41) opened as a permanent establishment in August 2017. Founded in November 2014 by Alida Carcano and Dario Micheli under the name Valeur Asset Management and rebranded to Valori in 2019, the firm operates under CSSF authorization in Luxembourg (identifier P0439) and Italian branch regulation, with MiFID II compliance for investment advisory and asset management activities. It serves HNWI and UHNWI individuals, families, holding companies, foundations, and institutional clients in Italy and across Europe.
The firm delivers its offering through three core service pillars: an Independent Advisory Service providing MiFID-based non-discretionary advice, financial asset aggregation and portfolio monitoring; Wealth Management offering discretionary individual asset management mandates (standard, customized, and treasury management); and a Multi Family Office service coordinating financial and non-financial wealth aspects for large estates. A curated Partnership Network (WP Advisory, Lexacta, Tetra Studio, Kers Immobiliare, Broletto Corporate Advisory) extends advisory into tax, legal, real estate and M&A domains. The underlying technology platform is built on an open-architecture, multi-bank custodian model that consolidates client assets across multiple banks into a confidential web area, supported by KYC/MiFID questionnaires, tailor-made portfolio construction, GDPR-compliant data processing, and recorded communications. Proprietary investment vehicles include the Hearth Ethical Fund (launched 2018, incorporating the earlier AL-FA Dynamic fund) and Valori Sicav (sponsored since 2021).
Valori monetizes through recurring independent advisory fees, discretionary asset management fees, and multi-family-office professional service fees; specific pricing is not publicly disclosed and is negotiated with counterparties. The firm distributes primarily via direct, senior-led relationship management and through its curated partner ecosystem, supplemented by content marketing, Citywire Italia editorial collaboration, cultural sponsorships, and managerial training programs (e.g., MANAGER LAB with Confindustria Bergamo). As of 2024 the firm reported 21 organizational units, reaching 21 staff and inaugurating a new Milan headquarters in June 2025.
Valori Asset Management firmographics
Firmographics- Name
- Valori Asset Management
- Legal name
- Valori Asset Management SA
- Website
- https://valori-assetmanagement.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Valori Asset Management is an independent, CSSF-authorized wealth and asset management firm serving HNWI, families and institutional clients in Italy and Luxembourg via advisory, discretionary management and multi-family-office services.
- Ownership category
- akta.pro rank
Valori Asset Management industry classification
Industry- Product category
- Private Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industries
- Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA), Specialized/Niche-Vertical RIAs (e.g., Medical, Tech, Executives, Athletes) (FSAAACAL), Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
Keywords
Where Valori Asset Management is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices2 records
Markets served
Valori Asset Management business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Independent Advisory Fees: Recurring fees for independent advisory services (generic and specific MiFID-based advice) covering financial asset aggregation, portfolio analysis, asset allocation, monitoring, and personalized recommendations.
- Discretionary Asset Management Fees: Management fees from individual asset management mandates (standard, customized, treasury management) where clients delegate investment decisions to Valori within agreed risk profiles.
- Multi Family Office Service Fees: Coordinated services integrating MIFID-based financial advice, financial education, family business advisory (generational transition, asset protection), corporate finance/governance, insurance, alternative investments, and tax/legal coordination.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Competitive and clear pricing with negotiated cost transparency for clients. |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Valori Asset Management product offering
Product offeringCore offering
Valori Asset Management is an independent wealth and asset management firm offering three core service pillars: (1) Independent Advisory Service (non-discretionary MiFID-based advisory covering financial asset aggregation, strategic/tactical asset allocation, and portfolio monitoring); (2) Wealth Management / Individual Asset Management (discretionary mandates spanning standard, customized, and treasury management); and (3) Multi Family Office services coordinating financial education, generational transition, corporate finance, insurance, alternative investments, and tax/legal coordination for large private estates and institutional clients. The firm operates under CSSF authorization in Luxembourg and MiFID authorization in Italy, with clients retaining custody of assets at their chosen banks.
Product overview
Valori Asset Management operates as a unified wealth and asset management offering composed of three core service pillars (Independent Advisory Service, Wealth Management / Individual Asset Management, and Multifamily Office) supported by a Partnership Network that extends advisory into non-financial domains via external specialists. The core offering combines discretionary asset management mandates (standard, customized, and treasury) with non-discretionary advisory under the MiFID II framework, complemented by Luxembourg- and Italy-domiciled investment vehicles such as the Hearth Ethical Fund and Valori Sicav.
Differentiator
Problem solved
Functional benefit
Products and services
- Independent Advisory Service (Consulenza Indipendente)
- Wealth Management (Gestione Patrimoniale / Individual Asset Management)
- Multifamily Office
- Partnership Network
- Hearth Ethical Fund
- Valori Sicav
Quantifiable outcome
- Reached 21 organizational units by 2024 with significantly expanded Italian branch structure.
- +1 more outcomes
Companies that use Valori Asset Management
Customer profileSegments5 records
Ideal customer profiles3 records
Valori Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Valori Asset Management partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered supporting, core and historical.
- Private Equity Monitor (PEM) - LIUC Business School & AIFIsupportingValori Asset Management is a sponsor of the Private Equity Monitor annual event (2025 edition) organized by Osservatorio Private Equity Monitor – PEM® of LIUC Business School in collaboration with AIFI. Supports the PEM Talk series on Italian private equity market analysis.
- Teikos Solutions Group & Confindustria Bergamo ServicessupportingValori Asset Management collaborates with Teikos Solutions Group to deliver a managerial training program (MANAGER LAB) as part of Confindustria Bergamo Services' training initiative. Course on corporate treasury and cash management (32h across 4 in-class meetings) for Managers, CFOs and Company Owners.
- WP Advisory SrlcoreWP Advisory Srl provides advisory and assistance in Wealth Planning to Valori AM clients, covering succession planning, family governance, corporate governance, and business succession. Managing Director Massimo Lodi brings 20+ years of banking experience from UBI Trustee SA and Intesa Sanpaolo Private Banking. Listed as one of Valori's curated professional partners under the Partnership service.
- LexactacoreLexacta is a law and tax firm providing Corporate Governance & Compliance, Legal and Tax support to Valori AM clients, with specialization in extraordinary transactions, feasibility analyses, business plan drafting, and innovative start-up establishment. Listed among Valori's curated partnership ecosystem.
- Tetra StudiocoreTetra Studio is a high-profile consulting firm specializing in tax, corporate, and administrative-accounting consulting. Provides Valori AM clients with domestic and international tax planning and generational transition advisory. Led by Ivana Michele with 25+ years of consulting experience. Listed as a Valori partnership.
- Kers ImmobiliarecoreKers Immobiliare is a real estate brokerage firm that turns real estate negotiation into an art, focusing on unique purchase and sale value. Led by Gaudia Lucchini, a classical studies graduate with 15+ years in PR before transitioning to real estate brokering. Provides Valori AM clients with real estate advisory services.
- Broletto Corporate AdvisorycoreBroletto Corporate Advisory is an independent firm specializing in extraordinary finance transactions, mergers and acquisitions, debt advisory and high value-added services for family businesses. Led by Managing Partner/CEO Andrea Scarsi (formerly Head of Mid-Cap Advisory at Equita SIM, Partner at K-Finance, Vice-Director at Tamburi Investment Partners). Valori AM Senior Advisor Rosario Sciacca was also appointed Partner at Broletto, creating a deep cross-relationship.
- Villa del GrumellosupportingValori Asset Management is a partner/sponsor supporting Villa del Grumello, a historic cultural hub on the shores of Lake Como. Sponsorship supports sustainability, environmental respect, and cultural promotion, including the 2025 "Humanities Festival socio-ambientale."
- Concerto con i PoverisupportingValori AM supports the fifth edition (2024) of the "Concerto con i Poveri" (Concert with the Poor) at Paul VI Hall in the Vatican on December 7, 2024, directed by Maestro Marco Frisina with Hans Zimmer and Tina Guo. Initiative combining art, solidarity and inclusion since 2015.
- Lake Endless Joy FestivalsupportingValori Asset Management supports the Lake Endless Joy Festival, a 2024 neoclassical music festival on Lake Como and the Lombardy Alps, directed by Alessandro Martire. Cultural sponsorship aligned with company values of art, music, and landscape connection.
- Festival Como Città della MusicasupportingValori Asset Management is among the supporters of the 18th edition (2025) of the Festival Como Città della Musica, an annual cultural event transforming Como into a widespread stage.
- Confindustria BergamosupportingConfindustria Bergamo (via Stezzano, 87 Kilometro Rosso) hosts the MANAGER LAB training course co-developed by Valori AM and Teikos Solutions Group as part of Servizi Confindustria Bergamo's managerial training program.
- Citywire ItaliacoreEditorial collaboration between Valori Asset Management and Citywire Italia for the column "L'angolo del Family Office," renewed in 2025. Citywire selects top professionals in Asset Management & Wealth Management industry annually. Provides thought leadership visibility and recognition (e.g., Top 50 2024).
- Valeur Fiduciaria SA (historical)historicalHistorical organizational predecessor entity. Fabiola Banfi joined Valeur SA in Lugano (December 2015) as a senior portfolio manager before moving to Luxembourg where the company became Valeur Asset Management SA (later renamed Valori Asset Management in 2019). Part of the original Valeur corporate heritage.
Scale indicators5 records
Recent moves8 records
Expansion highlights6 records
Valori Asset Management competitors and assessment
Company assessmentMarket position
Strengths5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Valori Asset Management social profiles
Digital presenceValori Asset Management compliance and trust
Trust signalCompliance4 records
Valori Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Valori Asset Management leadership team
Management profileNumber of profiles
Profiles13 records
Valori Asset Management subsidiaries and ownership
Company hierarchySubsidiaries1 record
Valori Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Valori Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Valori Asset Management
What does Valori Asset Management do?
Valori Asset Management is an independent wealth and asset management firm offering three core service pillars: (1) Independent Advisory Service (non-discretionary MiFID-based advisory covering financial asset aggregation, strategic/tactical asset allocation, and portfolio monitoring); (2) Wealth Management / Individual Asset Management (discretionary mandates spanning standard, customized, and treasury management); and (3) Multi Family Office services coordinating financial education, generational transition, corporate finance, insurance, alternative investments, and tax/legal coordination for large private estates and institutional clients. The firm operates under CSSF authorization in Luxembourg and MiFID authorization in Italy, with clients retaining custody of assets at their chosen banks.
Is Valori Asset Management a public or private company?
Valori Asset Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Valori Asset Management founded?
Valori Asset Management was founded in 2014. It employs 11 to 50 people.
Where is Valori Asset Management based?
Valori Asset Management is headquartered in Milan, Italy, in the Europe region.
How does Valori Asset Management make money?
Three revenue lines are on record. Independent Advisory Fees are the primary driver. The others are discretionary Asset Management Fees and multi Family Office Service Fees.
Does Valori Asset Management have an API?
No public API is recorded for Valori Asset Management.
What industry is Valori Asset Management in?
Valori Asset Management's product category is Private Wealth Management. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAAACAA, Comprehensive/Full-Service RIAs & Independent Wealth Managers. Its NAICS code is 523940 and its SIC code is 6282.