INVL Family Office will also provide investment services in Latvia.

2024 01 23

INVL Financial Advisors, a brokerage firm owned by Invalda INVL—the leading asset management group in the Baltic States—and operating under the INVL Family Office brand, has established a branch in Latvia to provide investment services.

INVL Financial Advisors began operations in Latvia after receiving authorization from the country’s financial market supervisory authority.

“Until now, the investment services provided by the INVL Family Office were available to individuals and legal entities residing in Lithuania. The authorization to provide services in Latvia will allow us to establish ourselves in this market and offer exceptional investment solutions to high-net-worth families, creating financial well-being for several generations ahead,” says Asta Jovaišienė, Head of the INVL Family Office.

INVL Financial Advisors, which operates under the INVL Family Office brand, was established in 2015. The company is one of the largest multi-family offices in Lithuania, overseeing more than EUR 800 million in client assets. INVL Family Office prepares and updates investment strategies for individuals and legal entities, analyzes third-party products and services, represents clients in dealings with such providers, and offers inheritance planning and other investment services.

The Latvian branch will provide investment services under the brand INVL Family Office. It will be led by Andrejs Martinovs.

“The number of affluent residents in Latvia is growing every year, increasing the demand for exceptional investment and wealth management solutions. With long-standing experience in finance and investing, the INVL Family Office has timely recognized the needs of the neighboring market. I believe that by opening a branch in Latvia, we will raise the bar for quality and service and become one of the leading wealth management advisors for Latvian residents seeking exclusive investment solutions,” says A. Martinovs, Head of the INVL Family Office branch in Latvia.

About the Invalda INVL group

Invalda INVL is a leading asset management group in the Baltic States with more than 30 years of experience. Open, growing, and creating value for people through its activities. The group manages more than EUR 1 billion in assets, including investments in private equity, forest and agricultural land, renewable energy, real estate, and private debt. The group also provides family office services in Lithuania and Latvia, manages pension funds in Latvia, and invests in global third-party funds.