Hedge Fund Consulting Firm Enters Wealth Management Space

Jan 4 2010 | 7:48am ET

Asian hedge fund consulting firm GFIA has added a new wealth management service to its offerings.

The wealth management service is targeted at sophisticated pools of private wealth. It is designed to offer a holistic, client-specific service.

According to a statement from the firm, “GFIA’s advantage lies in its deep understanding of the investment and financial world, couple with its reputation as an ethical fiduciary.”

The firm will act as a fiduciary agent, working on clients’ behalf, from initial structuring, through cash management, portfolio investment (in both liquid and illiquid assets), deal/acquisition due diligence, and philanthropy, managing external service providers on behalf of clients, as necessary.

The new unit’s first client is a wealthy family, which will also take an equity stake in GFIA’s holding company. GFIA will establish and manage the family office.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...