According to sources, Rihanna’s wealth was previously managed by the Flynn Family Office, which is a premier family office and business management company that serves ultra-wealthy individuals and their families and offices. It is a multi-family office (MFO) that partners with other multi-family offices, multi-family offices, and other professional teams.
Rick Flynn is the managing partner who is an experienced wealth manager, and Michael Olshanetsky is the account manager, who works on internal reporting and the company’s finances, along with the other account executives, managers, and associates.
Even without Rihanna, Flynn Family Office still has other notable clients, such as Katie Holmes, and Ellen Barkin.
Despite its popularity, the firm had a setback in 2015, when it fostered a culture of sexism and racism toward its celebrity clients. There were documents with examples of Alan Kufeld, ex-partner at the firm engaging in sexist behaviour, which included a comment about Rihanna being attractive because she was ‘not too dark’. He also went on to comment on which Caribbean nationalities were attractive based on skin tone.