Modern Practice · Craiova
Risk-Managed Protection for Capital That Matters
Modern Practice builds bespoke structures that shield your wealth from volatility, inflation, and structural risk — without sacrificing long-term growth potential.
Explore Our StrategiesA Different Kind of Advisory
Most wealth managers optimise for returns. Modern Practice starts from a different question: what does it cost if something goes wrong? From our Craiova office, we serve Romanian families, business owners, and EU-resident clients who have built meaningful capital and refuse to leave it unguarded. Our approach combines conservative structuring, regulated insurance wrappers, and active risk-monitoring — all delivered through a single, accountable point of contact. The result is a portfolio designed to endure — through market cycles, legislative shifts, and generational transitions. Every engagement begins with a confidential risk-mapping session, at no charge.
Four Principles Behind Every Client Mandate
Our methodology is built on a framework that has guided client outcomes across more than a decade of practice.
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Capital Preservation First
Before any structure is recommended, we quantify the realistic downside of each scenario. Protecting what exists takes precedence over enlarging it. This discipline prevents the compounding losses that erode generational wealth faster than any single market event.
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Risk-Calibrated Allocation
Exposure is scaled to each client's tolerance, timeline, and liquidity needs — not to generic benchmark indices. We assign weights with explicit loss-limit thresholds and review them quarterly, adjusting for regulatory and macroeconomic shifts specific to the Romanian and EU context.
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Structured Wrappers and Legal Clarity
Insurance-based investment structures and Romanian-compliant holding vehicles reduce fiscal drag, simplify succession, and isolate assets from business liability. Every wrapper is vetted by qualified legal counsel before implementation, so clients hold instruments they fully understand.
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Fiduciary Accountability
Modern Practice operates on a fee-only basis within each mandate — we carry no product distribution commissions. Every recommendation is documented, reasoned, and revisable. Clients receive a written record of every decision taken on their behalf, enabling full auditability at any time.
“After restructuring our family holding through Modern Practice in early 2022, we navigated that year's bond and equity drawdowns with losses under 4% — while friends with conventional portfolios saw double-digit declines. The quarterly review call in October changed the way I think about risk entirely.”
Andrei Florescu, Craiova — business owner
Preserve What You Have Built
Schedule a confidential risk-mapping session with one of our advisers. No obligation, no product pitch — only a clear picture of where your capital stands today.
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Why Craiova Clients Choose a Specialist Firm
Romania's regulatory environment is evolving rapidly — EU directives on alternative investments, changes to dividend taxation, and new reporting obligations for foreign-held assets create both risks and planning opportunities that a generalist bank simply cannot navigate with the necessary depth. Modern Practice was built specifically to sit at that intersection: a firm small enough to give each client genuine senior attention, and experienced enough to engineer structures that hold up under scrutiny from both the ANAF and cross-border EU regulators. Our warm terracotta-cream office environment is designed to feel less like a financial institution and more like a confidential conversation — because the best capital protection decisions are made when the client is fully at ease.
Clients We Work With
We focus our practice on three well-defined client profiles, ensuring our methodology fits the mandate before we accept an engagement.
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High-Net-Worth Families
Families with accumulated wealth above 500,000 lei who are planning for the next generation. We design succession-ready structures that minimise estate friction and protect assets from fragmentation across heirs.
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Business Owner Liquidity Events
Entrepreneurs who have recently exited, or who are planning to exit, a privately held business. We manage the transition from illiquid equity to a diversified, protected capital base — with careful attention to tax timing and currency exposure.
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EU-Resident Expatriates
Romanian nationals residing in Germany, France, Italy, or Austria who hold assets across multiple jurisdictions. We consolidate reporting obligations and structure holdings for clarity, compliance, and cross-border fiscal efficiency.