There are often very high thresholds that one must have already reached in terms of wealth in order to even be looked after by family offices.
Often, this threshold even exceeds €500 million. But KRONOS Advisory takes a different approach: The “multi-family office” also aims to serve clients with smaller investment volumes while offering the same level of professionalism. KRONOS Advisory primarily offers assistance in the selection and subsequent monitoring of asset managers and investment products. The company draws on expert networks in a wide range of fields, from tax and foundations to venture capital and cryptocurrencies.
Awards Ceremony for KRONOS
The recognition from others also demonstrates that this approach is working: The Austrian Society for Consumer Studies (ÖGVS) recently recognized KRONOS on its list of “Austria’s Top Financial Advisors.” A large-scale study examined over 2,000 independent financial and insurance professionals, including financial advisors, insurance brokers, and wealth managers.
Additionally, Sven Rischko, founder and managing director of KRONOS Advisory GmbH, was named “Most Inspiring Business Leader 2023” by CXO Outlook Magazine. But that’s not all: Acquisition International also named KRONOS “Asset Structuring Specialist of the Year 2023 – Austria.” Furthermore, KRONOS Advisory was named one of the “50 Most Admired Companies of the Year 2023” by the globally renowned business magazine “The Silicon Review.”
The Best Multi-Family Office in the DACH Region
One of the most important awards, however, was the “Best Multi Family Office – DACH” award from EU Business News. EU Business News meticulously examined companies like KRONOS Advisory GmbH and conducted a comprehensive, multifaceted evaluation process that considered several factors. This included independent research to verify the information provided. At the end of this process, KRONOS can officially call itself “Best Multi Family Office” in the DACH region.
Further Recognition in 2024
And there’s already good news for the new year: After an extensive nomination and research process, the firm was named “Asset Structuring Expert of the Year in Austria – 2024” by the “Global Advisory Experts Annual Awards 2024.” The selected candidates were assessed based on client reviews, major transactions, rankings, their overall reputation, publication contributions, speaking engagements, and the performance and reputation of teams and individual advisors.