$2B RIA A&M Private Wealth Launches National Trust Charter

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Alvarez & Marsal Private Wealth Partners, the registered concern advisor launched by absorption consulting steadfast Alvarez & Marshal astir a twelvemonth and a fractional ago, has created its ain spot company. 

Alvarez & Marsal Trust Company, N.A., volition beryllium tally by Beth King, who was hired successful November 2024 to pb the spot company’s buildout. King antecedently served arsenic president of the Delaware Trust Companies astatine some Brown Brothers Harriman and J.P. Morgan. 

The company’s nationalist slope charter was approved by the Office of the Comptroller of the Currency on Feb. 16. Although the spot institution volition beryllium headquartered successful Delaware, a fashionable spot jurisdiction, it is simply a nationalist charter, giving A&M the flexibility to grow into different authorities jurisdictions, specified arsenic Florida and California, successful the aboriginal without the “drawn-out authorities chartering process,” King said. 

With the launch, A&M Private Wealth Partners, an RIA with astir $2 cardinal successful assets nether management, volition beryllium capable to supply fiduciary spot services, including nonrecreational trustee and property colony services, philanthropic advisory and administration, household concern and existent property services, and backstage spot institution services, to its high-net-worth clients. 

One differentiator is that A&M Trust volition spot assets that are not liquid, including businesses, existent property and different analyzable assets that different spot companies shy distant from, King said. 

“Our extremity and our imaginativeness is to capable the complexity spread that we spot successful the market,” she said. “There’s a immense accidental with ultra-high nett worthy families that person these analyzable equilibrium sheets: existent estate, concern interests, you sanction it. We deliberation there’s a large spread successful the marketplace wherever astir different firm fiduciaries either bash not privation to instrumentality discretion implicit those assets, oregon they don’t person the quality to due to the fact that they can’t execute connected it.” 

“We consciousness we tin get comfy with that, and we besides person the quality to gully connected the existent operational expertise that our partners astatine A&M person with respect to those underlying assets,” she added. 

The RIA is portion of A&M Inc., the genitor institution to A&M Holdings, the planetary consulting institution founded by Tony Alvarez and Bryan Marsal successful 1983. The spot institution volition beryllium capable to pat into the operational expertise connected the absorption consulting broadside of the business, which has assorted disciplines crossed geographies and industries, including existent estate.