Capital Preservation Advisory · Constanța
The Co structures bespoke capital preservation mandates for families and individuals who have built something worth protecting.
Explore our strategies
Our discipline
Most wealth erodes quietly — through inflation, poor structure, or poorly managed risk. We intervene before that erosion begins.
At The Co, we start from a single premise: the primary obligation to our clients is not to generate returns, but to ensure that what they have built is not diminished. That demands rigorous structural thinking — insurance wrappers that shield assets from legal and economic shock, allocation frameworks calibrated to real risk tolerance rather than model assumptions, and ongoing advisory that adjusts as circumstances evolve. We operate with a cream-and-burgundy discretion that reflects the gravity of what is at stake: your family's financial continuity across decades.
Each client engagement is built around the same foundational commitments, applied with precision to their specific situation.
We map every material asset to the appropriate legal and financial structure — domestic holding arrangements, cross-border insurance wrappers, and EU-compliant trust equivalents — so that no single risk event can compromise the whole.
Our allocation frameworks are built around downside constraint, not upside aspiration. We define the maximum tolerable drawdown first, then construct the portfolio to stay within that boundary across a range of economic scenarios.
Preservation requires vigilance. We conduct semi-annual structural reviews for every client, stress-testing against regulatory change, currency movement, and family circumstances, ensuring each mandate remains fit for its original purpose.
“We transferred the management of our family's holding structure to The Co in early 2019, ahead of a period of significant regulatory change in Romania. Their foresight in restructuring our insurance wrappers before the new reporting rules took effect saved us both considerable cost and a great deal of anxiety. Three years on, the capital is intact and the structure is simpler than it was before.”
Mihai Florescu, entrepreneur, Bucharest
Our advisors in Constanța are available for a confidential first conversation. No obligation, no generic pitch.
Where we are
Our location on Romania's Black Sea coast is deliberate — close to emerging family wealth in a region that has historically underserved its most sophisticated investors.
Constanța is the commercial gateway between Central Europe and the Black Sea basin. Families and enterprises here accumulate wealth at a pace that outstrips the availability of genuinely independent advisory. The Co was founded in 2011 to close that gap: to bring the structural rigour typically associated with Swiss or Luxembourg private banking to clients in this region, delivered in a format that respects their time, their privacy, and the complexity of their holdings. We are regulated under Romanian financial services law and operate within the EU advisory framework, giving our clients the protection of a mature legal environment.