Farther Launches Multi-Family Office, Setting a New Standard for Generational Wealth Management

Farther – Intelligent Wealth Management, natively built to unlock greater wealth for clients throughout their financial lives – has launched Farther Family Office (FFO), a bespoke offering for ultra-high-net-worth (UHNW) families. Built ground up for ultra-high-net-worth families, Farther Family Office powers elite advisory services with intelligent solutions to remove the pain points of generational wealth management.

FFO is architected from the ground up to serve the increasingly complex needs of clients with generational wealth. Informed by centimillionaire and billionaire clients, FFO is empowered to act purely in its clients’ best interests – supported by native AI infrastructure to serve clients without the friction associated with traditional institutions’ “bolt-on” technology.

Benjamin Seidenstein, CFA, will lead as Global Head of FFO. A longtime Goldman Sachs private wealth advisor, Seidenstein oversaw over $1.5 billion in client assets and established one of the firm's fastest-growing private wealth practices, advising UHNW entrepreneurs, executives, and private investors.

“Private banking is overdue for a new model – one centered around the clients’ needs, not the institution’s,” said Benjamin Seidenstein, Global Head of FFO. “Farther Family Office meets that need by combining a technology-first foundation with a bespoke advisory model to deliver truly customized solutions and elite service for generational wealth management.”

Farther’s multi-family office gives UHNW families the full experience of a dedicated family office, without the operational complexity. FFO’s flexibility also extends to whom it serves. Unlike traditional multi-family offices, Farther does not impose arbitrary minimums, recognizing that some of the most sophisticated wealth management needs belong to entrepreneurs, creators, and builders whose wealth is still taking shape ahead of major liquidity events.

FFO is built to satisfy the critical demands of growing and stewarding generational wealth:

• Uncompromised Client Service: As a fee-only fiduciary, absent product allegiances and institutional bureaucracy, FFO is free to focus entirely on what matters – delivering the right solution that best serves each client’s needs, not simply what’s best for the institution.

• Whole-Life Wealth Coordination: FFO serves as the single, trusted point of contact for a family's entire financial life – coordinating across investments, tax, estate, lending, and beyond. FFO anticipates and acts on clients’ needs before they have to ask.

• Open Architecture Investment Access: FFO provides access to an expansive investment universe – including niche strategies, targeted alternatives and highly customized opportunities, tailored to each family's goals and values. While traditional firms are incentivized to offer only what can scale across their entire client base, FFO sources bespoke opportunities for each client’s unique financial situation.

• Multi-Generational Continuity: Supported by Farther's Intelligent Wealth Platform, FFO gives families a single, unified view of their entire financial picture, across generations. This equips the next generation not just with wealth, but with the tools, visibility and systems required to learn about, preserve and steward it.

South Florida, and Miami in particular, has rapidly emerged as one of the most important hubs for ultra-high-net-worth individuals and families globally, driven by significant wealth migration from markets such as New York, California and international financial centers. As capital, entrepreneurs, and family offices continue to relocate and establish a presence in the region, the demand for more sophisticated, flexible, and technology-driven wealth management solutions has accelerated. Though Farther Family Office works with clients nationally, with Benjamin Seidenstein based in Miami, Farther Family Office is strategically positioned at the center of this shift—serving a growing base of UHNW clients who increasingly view South Florida not just as a lifestyle destination, but as a long-term financial and generational wealth hub.

“The most successful families in the world deserve a wealth management experience as sophisticated as their financial lives,” said Taylor Matthews, CEO and Co-Founder of Farther. “Ben is one of the most respected advisors in the industry, and together we’re building something that’s never existed before: a true family office experience, powered by Farther’s Intelligent Wealth Platform.”

Founded in 2019, Farther manages over $15 billion in assets and supports advisors nationwide. The firm ranks among the top 10 recruiters of financial advisors nationally, according to AdvisorHub, and delivers category-leading advisor satisfaction.

For more information about or to connect with Farther Family Office please fill out the form below:

ONE Sotheby's International Realty Appoints Longtime Executive Daniel de la Vega as CEO

ONE Sotheby’s International Realty, one of the preeminent luxury real estate brokerages along Florida’s East Coast, has appointed Daniel de la Vega as Chief Executive Officer. Over the last 17 years, Daniel has risen through the organization since its inception in 2008, and has played an integral role in the firm’s growth into a brokerage that generates annual sales of nearly $10 billion and manages a multi-billion dollar portfolio of the region's most prestigious new development projects.

Founder Mayi de la Vega will serve as Executive Chair and maintain an active presence within the company. She will remain involved in shaping the firm’s strategic initiatives, culture, and global positioning, while continuing to have a hands-on role in marquee new development projects. Mayi will work closely with the company’s agents to help strengthen their businesses and access new avenues for growth.

“My vision for ONE Sotheby’s International Realty has always been to create a company defined by integrity, excellence, and a culture where our agents can truly thrive,” said Mayi de la Vega, Founder and Executive Chair. “Daniel has been integral to that foundation from day one. His leadership, discipline, and deep understanding of our business have shaped our growth and strengthened our culture, and there is truly no one better equipped to guide us into our next era. We remain committed to ensuring our firm continues to lead with purpose, innovation, and an unwavering dedication to our clients and our leading luxury agents whose professionalism and passion have defined this company's success.”

In addition to his new role as CEO, Daniel will continue serving as company President. He will oversee strategy across all brokerage, new development, and commercial divisions, while executing targeted expansion regionally and into markets outside of Florida. Daniel’s priorities include a focus on talent development, continued service excellence and driving economies of scale through technology integration, and expansion of the client service portfolio with insurance, title, mortgage, and property management offerings that deliver enhanced value to agents and clients at every touchpoint. He will also expand the synergy between new development projects and the brokerage business to create a more powerful, interconnected platform that elevates results.

“It’s an honor to continue working with Mayi and the strongest executive leadership team in our industry to build upon the vision and legacy she has created,” said Daniel de la Vega, President and CEO. “Our focus remains absolute: to define the highest standard of luxury real estate service, to provide seamless experiences for our clients, and to empower our agents with the best tools and resources in the industry. We look forward to further investing in our team, expanding our global reach, and capturing the tremendous growth opportunities that lie ahead for Florida’s East Coast and beyond.”

Under the leadership of Mayi and Daniel, ONE Sotheby’s International Realty has become a dominant force in Florida’s luxury real estate market. They have established the company as one of the nation’s highest-producing Sotheby’s International Realty affiliates with #1 market share in Florida, positioning it among the fastest-growing brokerages in the country, as ranked by RealTrends.

Past PROFILE Articles about ONE Sotheby’s International Realty:

Tower Capital Partners Launches Offering Exclusive Investor Access To Premier Real Estate Development Opportunities In Miami

PROFILEmiami Founder Demetri Demascus and former auto-industry executive Christian Iacovelli have joined forces to launch Tower Capital Partners, a private equity firm that invests with real estate developers with a proven track record of delivery high-quality real estate development projects and offers individual accredited investors access to private, institutional level deals typically reserved for family offices. Tower Capital Partners has a focus on equity investments in resilient, high-growth markets with an asymmetric risk-return profile and an emphasis on wealth preservation matched with long-term growth.

Tower Capital Partners completed their first deal in Q3 2024, closing a preferred equity deal in Atlanta alongside The Allen Morris Company. Tower Capital Partners is now actively raising capital for two upcoming luxury condominium projects—one in Coconut Grove and one in Coral Gables—marking its formal entry into the South Florida market. While the details of these projects remain confidential, they underscore the firm's focus on iconic developments in prime, demand-driven locations.

Tower Capital Partners is redefining individual accredited investor access to premier real estate opportunities. The firm is built on the core thesis of investing alongside top-tier real estate developers with a proven track record of delivering high-quality projects in high-growth cities. Tower Capital Partners is focused on providing accredited investors with access to private, institutional-level deals that were historically reserved for family offices and large investment firms. With a commitment to transparency, aligned incentives, and a minimum investment of just $50,000, Tower Capital Partners is creating a new level of access to exclusive real estate investments.

The firm targets opportunities with an asymmetric risk-return profile, emphasizing downside protection while maximizing upside potential. Every project is carefully vetted, and the team invests alongside its limited partners in each deal, ensuring complete alignment. Key reasons to invest with Tower Capital include partnerships with the best developers, curated deal flow, and a clear, investor-first structure that puts transparency and performance at the forefront.

Tower Capital Partners is led by Babson College roommates, Managing Partners Demetri Demascus and Christian Iacovelli, who oversee all aspects of deal origination including sourcing investments and partnerships, capital raising, underwriting, due diligence, market research, asset management, investor relations and management of operations. Demetri is also the Founder and Publisher of leading South Florida real estate news and events platform PROFILEmiami which runs the annual PROFILE Pre-Construction Development Summit; is a licensed real estate broker in the State of Florida having overseen over $160+ million in real estate transactions and previously helped Galium Capital, a Miami-based real estate private equity group, grow the firm’s AUM from $300+ million to $650+ million. Christian led Rally Manufacturing, a successful automotive accessories manufacturing business, to over $500 million in retail sales, where he successfully managed multinational brand partnerships with industry giants such as Goodyear and forged strong relationships with leading U.S. and multinational retailers including Walmart, The Home Depot, and AutoZone.

To learn more about Tower Capital Partners visit www.towercapitalpartners.com.

Accredited investors and real estate development companies interested in working with Tower Capital Partners fill out the form below:

Brightline+ Partners With Uber To Offer Rideshare At Brightline's 5 South Florida Train Stations

Brightline and Uber have entered into a new partnership that will make getting around South Florida seamless and convenient. The new collaboration will offer guests a familiar rideshare option integrated within Brightline’s app, making it easier to get to and from all of Brightline’s five South Florida stations. The partnership is designed to meet customer demand and enhance Brightline+, a mobility service that already includes airport shuttles, event shuttles and electric golf carts.

Brightline+ was launched in 2021 to make it easier for guests to access Brightline stations and their final destinations. The service has received rapid adoption with nearly one-third of Brightline riders using the service. A partnership with Uber will expand Brightline+’s fleet of mobility options and offer access to unlimited vehicles at an affordable rate. The partnership represents the first time Uber has linked directly to an intercity higher-speed rail service in the United States.

“It is critical to our guest experience that access to our stations is convenient and seamless,” said Patrick Goddard, president of Brightline. “This partnership meets our guests’ preferences and demands by unlocking an online fleet of vehicles to provide a door-to-door service when using Brightline.”

“Through this partnership with Brightline, Uber continues our work in complementing mass transportation and expanding transportation access in South Florida,” said Dmitriy Vanchugov, Head of Partnerships for Transit, Uber. “By making Uber easily available to Brightline users, we can together bridge first and last-mile gaps and bring shared mobility options under one roof, making it more convenient and accessible for customers.”

Guests can now add private or shared Uber rides when booking a train ticket all within the Brightline app or website. This new in-app booking capability is designed to eliminate guest wait times and ensure a ride is ready and waiting curbside to take them to their final destination. PREMIUM guests will receive complimentary rides within a five mile radius, while guests in SMART can add a ride to and from the station for a fee - without distance restrictions.

Brightline+ fixed-route and EV shuttles will continue to offer convenient walkup rides. Brightline+ fixed-route shuttles connect guests to Miami International Airport, destinations in Miami Beach and Fort Lauderdale–Hollywood International Airport. Brightline+ continues to provide event shuttles and electric golf carts to top attractions in close proximity to its stations.

Global Investment Management Firm Pretium Signs Lease At Eighteen Sunset In Miami Beach's Sunset Harbour

Specialized investment management firm Pretium plans to open an office at Deco Capital Group’s Eighteen Sunset, a Class A office building being constructed at 1769 Purdy Avenue in Miami Beach. Pretium has leased 11,591 square feet on the fourth floor of the project, which together with other completed leases represents approximately 80% of all available office space at Eighteen Sunset. About 9,500 square feet in the building is still available. The project is currently rising after securing a $60 million construction loan last year.

“Miami Beach is excited to welcome Pretium to our community where our business assistance programs and incentives ease the ability of doing business, and our culture and lifestyle benefit business leaders, create jobs, and attract and retain talent,” shared Miami Beach Mayor Dan Gelber.

With more than 4,500 employees, Pretium has over $50 billion in assets under management across U.S. residential real estate, residential credit and corporate credit. Pretium’s Miami Beach office will span more than half of the fourth floor in the five-story building. The company will join a multibillion-dollar, publicly traded Toronto firm that signed a 20,000 square foot lease earlier this year. On the ground floor, Uchiko, a restaurant concept by award-winning Hai Hospitality group, will occupy approximately 6,000 square feet of space. Stephen Rutchik, executive managing director of Colliers International Florida, and Neil King, vice chairman of CBRE New York, represented Deco Capital Group in the transaction, and Daniel Posy, executive managing director of JLL New York, represented Pretium.

“Pretium is excited to be expanding its office presence to Miami, a region with a growing financial services community,” said Laura Cappiello, Pretium’s Chief Human Resources Officer. “Having an office in Miami will enable Pretium to attract and retain premium talent and broaden the pool of diverse candidates we seek to recruit.”

“Miami Beach has seen a significant increase in inbound investment, and the most fundamental change to the city’s economy has been the drive to develop Class A, best-in-class office space capable of accommodating the needs of preeminent global companies,” said Bradley Colmer, founder of Deco Capital Group. “Pretium operates from exemplary offices in international financial hubs and is proud to be one of the trailblazing companies relocating or expanding and establishing a more substantial presence in South Florida. Pretium is drawn to Eighteen Sunset for its quality design, prime waterfront location in the Sunset Harbour neighborhood and market-leading amenities and views.”

The City of Miami Beach has assisted a number of technology and financial services companies in expanding or relocating their operations after launching meaningful business incentive programs and business concierge services in 2021. Pretium participated in the city’s Expedited Plan Review and Permitting Program which offers an accelerated permitting review process of 10 business days. The city’s Job Creation Incentive Program offers an incentive of up to $60,000 per year for up to four years for businesses in targeted industries that create or relocate a minimum of 10 new, full-time jobs with average annual wages that meet or exceed 125% of Miami-Dade County or Florida average wages.

“It is really encouraging to see great companies, like Pretium and others, take advantage of Miami Beach’s programs and services,” affirmed Miami Beach City Manager Alina Hudak. “These programs were created to diversify the Miami Beach economy for the benefit of the entire community.”

Renderings via Eighteen Sunset

Inside PROFILEconnect: The Evolution of Downtown Miami Into a Global Cultural And Business Hub

On Tuesday, November 15th, PROFILEmiami teamed up with PARAMOUNT Miami Worldcenter, Royal Palm Companies, PMG and E11EVEN Partners to host PROFILEconnect: The Evolution of Downtown Miami into a Global Cultural and Business Hub. PROFILEconnect is PROFILEmiami’s high-end bespoke networking event series, bringing together Miami’s real estate and business leaders for an evening soirée of networking and cocktails, while hearing from the top developers transforming Downtown Miami into a global cultural and business hub. Guests enjoyed cocktails by E11EVEN Vodka as well as juice and bites by Pura Vida while they heard from a panel including Michael Simkins of E11EVEN Partners, RPC CEO Dan Kodsi, PMG Managing Partner Dan Kaplan and moderated by legendary architect Kobi Karp. The evening was hosted by PROFILEmiami Co-Founders Demetri Demascus and Katya Demina, CEO of RPC Dan Kodsi and Michael Simkins of E11EVEN Partners.

The evening was attended by an exclusive group of top real estate industry leaders and executives including Michael Simkins, Dan Kodsi, Kobi Karp, Nancy Karp, Dan Kaplan, Patrick Lee, Scott Sherman, David Eyzenberg and Eva Garzon, amongst others. Guests had the opportunity to network and share their experiences developing and building in South Florida through thoughtful discourse, while forging new relationships with senior executives.

The event was sponsored by Eyzenberg & Co., Shorecrest Construction, KOPU Water, Artefacto, ALTARA Properties, University of Miami Herbert Business School, Torose Equities, Master Brokers Forum, Galium Capital, Lionheart Strategic Management, Finvarb Group and The Allen Morris Company.

PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting and is attended by Miami’s top investors, developers, business professionals, brokers, financiers, architects and designers. Guests had the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders. The third edition of PROFILEconnect is being organized for Q1 2022.

Scott Sherman Launches Real Estate Investment Firm Torose Equities

Seasoned real estate veteran Scott Sherman has launched Torose Equities, a Miami-based real estate investment firm with a value-add urban retail, office and mixed-use strategy targeting the Southeastern United States.

Torose will be Sherman’s newest venture after successfully launching Miami-based Tricera Capital in 2017 and growing the company to become a household name and key player in major Florida markets. In just five years, Sherman spearheaded the acquisition of 30+ commercial assets totaling $700 million and more than 2.5 million square feet.

Sherman brings with him the former investment arm of Tricera Capital to lead Torose. Ari Sasson serves as Torose’s Chief Financial Officer and Aaron Kay as Director of Acquisitions.

“We are excited to continue to build on the chemistry and momentum we established as a team over the past five years,” said Torose Founder & Principal Scott Sherman. “Our investment strategy at Torose will be familiar to our investment partners. Now more than ever before, Torose’s contrarian approach to real estate investment and development will benefit from the current economic environment.”

Similar to Sherman launching Tricera Capital during the height of the “retail apocalypse,” Torose’s founding team saw the perfect window of opportunity to start another investment firm focused on value-add opportunities amid rising interest rates and growing uncertainty in the real estate market. The team has wasted no time, with properties already under contract that are expected to close by the end of the year.

Some of the team’s most high-profile acquisitions in the past five years include the former Palm Beach Post site in West Palm Beach; Cube Wynwood office building; Offices at Atria in Downtown Sarasota; and a portfolio of properties in Downtown St. Petersburg. The team is also partnered on several notable mixed-use developments including The Dorsey in Wynwood in a JV with Related and Alex Karakhanian; and The Boulevard in a JV with 13th Floor Investments.

The Torose team will continue to target assets ranging from $10 million to over $100 million in core markets in the Southeastern U.S., including Miami, West Palm Beach, Fort Lauderdale, Tampa, St. Petersburg, Sarasota, Nashville, Raleigh-Durham, and Atlanta.

Prior to launching Torose Equities, Sherman served as Managing Partner of Tricera Capital, and was Vice President of Acquisitions at Thor Equities, where he completed in excess of $2 Billion of closed deals. Before joining Thor, Scott was the Director of acquisitions at Becker Brothers.

Apollo Bank Reaches $1 Billion in Assets Following Banner Growth Year In 2021

South Florida-based leading community bank Apollo Bank has hit $1 billion in assets amidst the bank’s strongest growth year to-date. In the past ten years the bank has grown from $100 million to $1 billion. Apollo Bank focused on investing in technology and talent, including the addition of a new president and grew its residential lending division with the aim of supporting commercial clients. The bank’s steady growth over the past decade is reflective of Miami’s rise over the same period as a hub for business, investment, lifestyle, and arts and culture, which has fueled the region to lead the nation in a strong pandemic recovery led by significant wealth and business migration.

Apollo Bank is now the region’s leading community bank with five branches across Miami-Dade County’s key business sectors, including Brickell, Coral Gables, Doral, Kendall, and Hialeah. This growth has been despite the number of community banks in South Florida decreasing by more than half over the past decade as a result of acquisitions from larger financial institutions.

To start off 2021 Apollo Bank appointed Ramon Rodriguez as bank president, a well-respected leader and longtime banking executive. At the same time, the bank also announced significant investments in enhancing digital capabilities and recruiting top talent to ensure long-term growth while continuing to offer best-in-class service. As South Florida has experienced an expansion of its business landscape fueled by financial firms, investors and the tech industry all cementing roots in the region, Apollo Bank also grew its residential lending division aimed at supporting existing and potential commercial clients, new-to-market business owners and investors.

“Before the pandemic, Apollo Bank was already adding new technologies to its suite of services, including advances in mobile banking to match the bank’s elevated level of personalized and convenient service,” said Eddy Arriola, Chairman and CEO of Apollo Bank. “Like many other trends, the pandemic further accelerated the banking industry’s digital needs, resulting in the bank embarking on a digital revolution including the introduction of a new app, enhanced mobile banking, an optimized website and digitized internal systems to streamline internal communication.”

“As our economy diversifies, it created an opportunity for the bank to augment and invest in our residential lending team, which is providing financing to local, national, and international high net worth individuals,” said Ramon Rodriguez, President of Apollo Bank.

When Apollo Bank first launched in 2010, the $100 million institution had one branch in Brickell, Miami’s Financial District, and was founded by local businesspeople to serve South Florida’s business community, with an emphasis on forging long-term relationships with clients through exceptional service. While Miami was just starting to recover from a nationwide recession, the founder of Apollo Bank believed the current economic climate coupled with consolidation in the banking sector, made it an opportune time to launch a community bank.

“Back in 2008, in the height of the recession, I spoke with several industry veterans about opening a community bank focused on commercial clients. Everyone thought I was crazy,” Mr. Arriola added. “Now 10 years after launching Apollo Bank, I am proud of the organization we’ve built, how we’ve supported our community through the most uncertain times, including the pandemic, and how together, we have helped Miami transform into one of the financial and business capitals of the world.”