Meritage To Sub-Advise On Alternatives For Kanaly Clients

Aug 19 2014 | 1:02pm ET

Houston, Tex.-based Kanaly Trust has partnered with Meritage Capital to offer alternative investment solutions to its high-net-worth investors.

“As Kanaly sees itself as a firm that listens to clients and advises them on innovative ways they can meet their investment goals, we believe that incorporating alternative investment strategies into a portfolio can improve returns and hedge risks associated with today’s elevated stock and bond prices,” said Kanaly CIO James Shelton in a statement.

“The partnership will provide clients with an experienced sub-advisor on alternatives, and specialized managers who are broadly diversified to seek to deliver compounded growth.” 

“Meritage firmly believes that a tailored hedge fund allocation is an integral component to a well-diversified portfolio for individuals and institutions,” said Meritage CIO Joe Wade in a statement. “We are enthusiastic in extending our relationship with a highly experienced wealth management advisor like Kanaly in offering alternative investment solutions to clients.”

Founded in 1975 by Deane Kanaly, Kanaly Trust is a comprehensive wealth management firm managing and advising over $2 billion of assets.

Meritage Capital was founded in 2003 and is owned by three family offices. The firm, with $1.1 billion in assets under management, specializes in differentiated hedge fund solutions for a global client base, including family offices, high-net-worth individuals and institutions.


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