Many financial advisors and firms have run into challenges when trying to serve uber-wealthy clients over the years. A new venture announced this week wants to be a part of the solution.
The Family Office Resource Group, or FORG, is seeking to “disrupt” the industry with white-labeled and turnkey solutions that are intended to help wealth management professionals meet ultra-high-net-worth investors’ needs. Private equity firm 4100FS is backing the company with an investment of an undisclosed amount.
As part of its core offerings, FORG will perform due diligence on unique investment opportunities that cater to UHNW investors, including a variety of alternative products, a spokesperson for the company confirmed.
It also provides outsourced CFO, concierge and accounting services, and solutions focused on business legacy planning, risk management, philanthropy consulting and family governance.
“FORG will disrupt the wealth management industry by empowering wealth management professionals and service providers with solutions that differentiate their practices and allow them to deliver a first-class experience to clients,” Brian Weiner, FORG founder and CEO, said in a release.
Weiner is a longtime family office veteran, having been in the space for 25 years. He also is CEO of ExCel Global Family Office, a Boca Raton, Fla.-based firm.
Meanwhile, Daniel Bryant will serve as FORG’s executive chairman. Bryant is a principal at 4100FS. He was also the founder and CEO of Sheridan Road Financial before selling the firm to Hub International in 2019.
“In a nod to our firm’s name, we are seeking to forge close collaborations with firms and advisors to help them deliver the type of comprehensive solutions ultra-high-net-worth clients don’t just want but demand,” Bryant said in a release.
Read More: New venture seeks to bring turnkey family office-style services to firms
