- Firm cites impressive growth, new hires and industry accolades as evidence of business model attractiveness
AM Global Family Investment Office, an emerging family office leader founded by two former GenSpring Family Offices executives, celebrates the second anniversary of its investment-focused family office business model for wealthy individuals and families. The business model features a single-family office client experience combined with a service offering acutely focused on investing. The firm is growing rapidly with year-over-year organic growth in Assets Under Advisement of over 150% (as of March 31, 2014) and was recently ranked number two in the Financial Advisor Magazine Top 50 Fastest Growing Independent Advisors.
In addition to the growth in clients and assets under management, the firm also recently announced the hiring of Victoria Karasin and Susan Dsurney, two experienced and respected advisors who previously worked with the founders at GenSpring.
“We are convinced that the business model we’ve developed, being a Family Investment Office, solves some of the biggest issues with wealth management firms and full service family offices,” says Founder and Chief Investment Officer Andrew Mehalko. “Basically, a single purpose family office that acts as a professional investor on behalf of its clients without having the investment experience diluted by competing services and unnecessary costs.”
AM Global Family Investment Office is based in West Palm Beach, FL and serves wealthy individuals and families throughout the U.S. and internationally. The firm was recently named "Best Newcomer – Private Wealth" for 2014 by Private Asset Management.