Am Global Family Investment Office

Fwm Holdings Parent Of Forbes Family Trust To Acquire Am Global Family Investment Office

Transaction will expand Forbes Family Trusts footprint in U.S. market through established presences in New York, Philadelphia and Palm Beach, Fla.

NEW YORK & PHILADELPHIA—-FWM Holdings, the parent company of Forbes Family Trust and LGL Partners, multi-family offices focused on ultra-high-net worth families , today announced it has entered into an agreement to acquire AM Global Family Investment Office . AM Global is a multi-family office that provides bespoke investment advice and solutions to wealthy individuals and families, and the firm’s team will join Forbes Family Trusts investment professionals. The transaction will expand Forbes Family Trusts footprint in the U.S. by leveraging AM Globals established presence in Palm Beach, Florida.

AM Global was co-founded in 2012 by industry veteran Andrew Mehalko and has gained prominence as an emerging family office leader. Mehalko previously served as Chief Investment Officer of GenSpring Family Offices and grew that firm to become one of the worlds foremost multi-family offices with more than $13 billion of discretionary assets. Mehalko will join Forbes Family Trust as its Co-Chief Investment Officer.

We have seen significant demand for our investment advice and services, and this partnership will allow us to leverage expanded investment opportunities, broader expertise and an enhanced service offering for our clients, said Mehalko. We look forward to working alongside Keith and the Forbes Family Trust team.

Am Global Family Investment Office In West Palm Beach Fl

Find information on Am Global Family Investment Office, including this business’ SIC code, NAICS code and General Liabilility Class code.

Am Global Family Investment Office is primarily engaged in Office Administrative Services

Am Global Family Investment Office is located at 319 Clematis St Ste 300 West Palm Beach, FL 33401. If your looking for Office Administrative Services in West Palm Beach, Florida – check out Am Global Family Investment Office.

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Description for 8741 Management Services

• Administrative management services
• Circuit management services for motion picture theaters
• Construction management

You And Your Family Are Unique And There Are Few Decisions More Important Than How You Manage And Grow Your Wealth

Our goal is to help you live fully and provide for future generations. Founded to serve the investment and wealth planning needs of members of the Forbes family, we opened our doors in 2009 to welcome the world’s most prominent families and family offices to join as clients.

• Welcomed additional families to join Forbes Family Trust

• 300+

• Partnered with one of the industry’s leading investment strategy firms, Wealth Partners Capital Group

• 2019

  Acquired AM Global, a multi-family office, expanding the firm’s footprint to Palm Beach, Florida.Acquired Optima Fund Management, a leader in private fund and alternative investing.

• 2021

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Am Global Family Investment Office

Contact Details for Am Global Family Investment Office

Am Global Family Investment Office 319 Clematis Street West Palm Beach, FL 33401 United States

Overview of Am Global Family Investment Office

Org. Type: Limited Liability Company

Registration Country: United States

Legal Issues: No legal issues reported

Company Type: Hedge Fund

Ownership/Leadership of Am Global Family Investment Office

Am Global Family Investment Office Key Stats and Charts

Discretionary AUM: $265 million

Rank: 1658 out of 3271 hedge fund management companies

Total AUM: $423 million

Rank: 1475 out of 3271 hedge fund management companies

# of Accounts: 142

Rank: 434 out of 3271 hedge fund management companies

Average Account Size: 2978931.88028

Rank: 2033 out of 3271 hedge fund management companies

# of Employees: 8

Rank: 1502 out of 3271 hedge fund management companies

# of Private Funds: 1

Rank: 1944 out of 3271 hedge fund management companies

Steve Barimo Andrew Mehalko Am Global Family Investment Office

• Produced by:Bill Keaton
• Estimated reading time: 5 mins

While the markets continued with steady growth in January and February, capping off more than a productive decade, AM Global Family Investment Office took a measured approach to serve its client families.

Based in West Palm Beach, Florida, the firm works with families who have created substantial wealth, and a few who are on their way to doing so.

Andrew Mehalko and Steve Barimo, co-founders and lifelong friends, use a commonsense approach to investmentsboth for themselves and for their clients. Since they are invested alongside the families with whom they work, they are particularly careful and use the same investment strategies they recommend to their clients. The fee-only business model ensures that the firm only prospers if the clients do.

Its an approach that Mehalko and Barimo acknowledge may not suit high rollers, but has proven effective for steady asset growth.

Its better to apologize about making them a little less money than for losing them a bunch, says Mehalko, whose eyes are perpetually focused long-term. Its OK if we dont capture everything when the markets get a little crazy. Our clients are already wealthy and were not going to expose them to big losses.

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Careers At Am Global Family Investment Office

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There isnt anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesnt compensate employees in addition to the salary for bringing in new clients. Employees dont receive compensation from other entities for client referrals.

Andrew Patrick Mehalko has been acting as President since 1 Sep 2011. Colin Jesse Hickey joined the executive team most recently as the Member.

Am Global Family Investment Office Llc In West Palm Beach Fl

Find information on Am Global Family Investment Office, LLC, including this business’ SIC code, NAICS code and General Liabilility Class code.

Am Global Family Investment Office, LLC is primarily engaged in Miscellaneous Intermediation

Am Global Family Investment Office, LLC is located at 1455 Breakers West Blvd West Palm Beach, FL 33411. If your looking for Miscellaneous Intermediation in West Palm Beach, Florida – check out Am Global Family Investment Office, LLC.

Disclaimer: The information provided by generalliabilityinsure.com is for general informational purposes only. All information in the Small Business Near Me directory is provided in good faith – and all data is from publicly available sources only – however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information in the Directory.

Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result of the use of the Directory or reliance on any information provided in the Directory. Your use of this Directory and your reliance on any information on the Directory is solely at your own risk.

Description for 6211 Security Brokers, Dealers, and Flotation Companies

523910 – Miscellaneous Intermediation

General Liability Class Code

NCCI Class Code

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Am Global Family Investment Office Celebrates Its Second Anniversary

• 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% 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 weve 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 To Merge With Forbes Family Trust

Michael Thrasher | Nov 21, 2018

The parent company of Forbes Family Trust and LGL Partners has agreed to buy another multifamily office, expanding its footprint in Florida.

FWM Holdings said in a statement it was acquiring AM Global Family Investment Office, a multifamily office that manages approximately $400 million for a couple dozen clients.

Andrew Mehalko, who co-founded the West Palm Beach, Fla.-based AM Global in 2012, will become the co-chief investment officer of Forbes Family Trust. Before starting AM Global, Mehalko was the chief investment officer of GenSpring Family Offices, one of the more notable multifamily offices that oversees more than $13 billion.

This combination will allow us to better serve our Florida-based high net worth clients and continue to enhance our comprehensive global investment solutions, said Keith Bloomfield, the founding partner and CEO of Forbes Family Trust.

Forbes Family Trust is a global multifamily office based in New York City and Philadelphia, Pa., founded to serve the investment and planning needs of members of the Forbes family. In 2009, it began working with additional families and now advises on almost $5 billion in client assets.

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What Kind Of Clients Andrew Patrick Mehalko Serves

The firm provides services to individuals and high net worth individuals. The largest group of clients of Andrew Patrick Mehalko is high net worth individuals with 15 clients and $349.73 million of assets under management. Among the 9 most similar advisory firms, Am Global Family Investment Office has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $367.51 million for 23 clients that can include trusts, estates, and 401 plans and IRAs of individuals and their family members. 4% of the firms clients are foreign persons or businesses.

Am Global Family Investment Office also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.