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Understanding Disparate SFOs Key To Doing Business With ThemHedge funds and alternative investments in general have become increasingly popular with single-family offices, which today rely almost exclusively on external investment managers, according to a recent report. Mounting interest in the space has a lot of wealth firms marketing themselves as family office providers, with sometimes confusing results—a development that has prompted one single-family office head to call for a more consultative approach between investment manager and SFO.
Raising Capital from Single-Family Offices – Considerations for Financial Firms, published by The Rothstein Kass Family Office Group , a division of Rothstein Kass, which serves high-net-worth individuals and families as well as privately held and publicly traded companies, examines the evolving relationship between the SFO and investment management sectors. The report, co-authored by Forbes Insights and Russ Alan Prince, an authority on private wealth, features the findings of an early Q1 2011 survey of 151 executive directors at SFO operations for their perspectives on how their businesses are run and what impacts them the most. About 85% of survey participants currently invest in hedge funds, with nearly 90% saying they are “highly likely” to place additional money into hedge funds this year. The most popular strategies are long/short equity (53%), distressed (49%), arbitrage (33%), managed futures (25%), and global macro (25%). About half of those surveyed reported “active” private equity sector investments, with nearly 70% planning to increase allocations in 2011. Private equity investment preferences include established companies (59%), mezzanine financing (39%) and second-round financing (32%) While roughly 22% of survey participants indicated having internal investment management capacity, the majority said they rely on external investment management professionals. The report notes that mean investable assets of SFOs stand at roughly $416 million in 2011, up from approximately $236 million in 2010, and references earlier proprietary research demonstrating that SFOs are increasingly appealing sources of capital to investment managers and investment bankers. "One of the greatest challenges in understanding the single-family office sector arises in defining its scope,” said Rick Flynn, head of the Rothstein Kass Family Office Group.
Financial Advisors Pacific Northwest - News
Bessemer Trust has named Kennen Hagen managing director and head of its San Francisco office, responsible for wealth management services for clients in northern California and the Pacific Northwest. Previously, Hagen was an independent advisor to
Gottschalk is a former Managing Partner at Tatum, a national executive services firm, where he launched and led its Pacific Northwest practice from start-up to 50 professionals over a seven-year period with offices in Seattle and Portland.
Christmas-tree growers: Washington and Oregon Christmas-tree growers meet for the Pacific Northwest Christmas Tree Association's annual summer meeting and farm tour June 24-25 at the Red Lion Hotel in Kelso. The two-day event includes educational
Adding to Resmark's robust presence in California, they will enhance the Company's investment activities in Arizona, Nevada, the Pacific Northwest and the greater metropolitan Washington, DC housing markets, regions in which SCC has operated for many
Ms. Dressel continued, "We have long desired to become a Pacific Northwest regional community bank. The acquisition of the former First Heritage Bank's five branches enhances our presence in Snohomish and King Counties and complements our new Skagit
Local Financial Advisor is number one at Broker Dealer – Berthel ...
, January 28, 2010 – Berthel Fisher & Company, a broker-dealer based out of Iowa, announced its top 50 financial advisors of 2009. Of which, locally established investor, James Scott McKee, B.A., was number one. As CEO of Quality Financial Group, Inc. McKee has overcome the tough economic year and climb to the top. While the rest of the country is struggling financially, McKee has been able to generate income for his clients and continue to grow his business. Being experienced in all aspects of investments, McKee specializes in Alternative Investments, which he refers to as bright spots in today’s economy.
The Quality Financial Group, Inc. moved to Berthel Fisher & Company in September of 2008. The transition from their previous broker-dealer, LPL, was made to benefit the clients of Quality Financial Group, Inc. McKee says to his clients and their assets as his top priority.
In May of 2009 McKee was featured in Forbes Magazine as one of the seven top advisors in the Pacific Northwest. McKee attributes his success to the wide variety of investments offered through his firm. “When you think of investments you probably think of stocks, bonds and mutual funds. But as the economy has developed, investment opportunities have changed and multiplied,” said McKee. With these new investment opportunities arising the Quality Financial Group has focused on nontraditional investments, such as real estate, energy resources, equipment leasing, debt securities, and LLC’s.
“Diversification helps to mitigate possible volatility in a portfolio by spreading the investment risks over several different asset classes,” He said. “But like any investment strategy, diversification or Asset allocation does not assure or guarantee better performance and cannot eliminate the risks of investment losses.”
One of the Alternative Investments offered through Quality Financial Group is Master Private Equity Fund, who invests exclusively in distressed property in class “A” locations. It is through nontraditional investments like the Master private equity fund that McKee and his client are at the top of this stagnant market.
About J. Scott McKee, BA: Recognized as one of the top Financial Advisors in the Industry, Scott McKee has more than 12 years of investment experience. McKee received his business degree from Northwestern University, and a degree in law from University of California, Hastings College of Law. As CEO of the Quality Financial Group and McKenzie Funding, McKee has achieved numerous financial achievements and awards over the years that include being named by Barron’s in 2007 as one of the top 500 financial advisors in the United States. McKee has also been a member of the prestigious Masters Club, a distinction awarded to one of the top 1% of advisors within the LPL Financial organization for the last four years. Most recently, he was awarded the Berthel Fisher and Company prestigious Chairman’s Council for his exceptional performance. Prior to joining Berthel Fisher & Co. Financial Services, Inc., McKee was a top advisor for LPL Financial & Locust Street Securities. As the father of four boys, McKee is also well known in the community for his commitment and passion for Baseball. As a long-time Babe Ruth Coach, he has taken several of his local teams to the World Championship.
Financial Advisors Pacific Northwest - Bookshelf
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Lincoln Financial Advisors/Sagemark Consulting
Lincoln Financial Advisors/Sagemark Consulting 3000 Executive Parkway,Suite 400 P.O. Box 5154,San Ramon, CA 94583 925-275-0300 9400 SW Barnes Rd, Suite 400 Portland, ...
Pacific Capital Resource Group, Inc. Bellevue, WA
Pacific Capital Resource Group, Inc. serves the needs of individuals, business owners, professionals, and their families. We are a full-service financial services ...
Elysium Financial Advisors
... provides financial solutions to Pacific Northwest private, middle ... worked extensively as financial advisor to companies facing operational or financial problems and firms in ...
Paulson Wealth Advisors Adds Two Senior Advisors - Yahoo! Finance
PORTLAND, OR--(Marketwire - 03/02/11) - Paulson Wealth Advisors, a division of Paulson Investment Company, Inc. (Paulson), a wholly owned subsidiary of Paulson ...
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Seattle Investment Advisors at Respond can provide expert investment advice that ... Source for Professional Financial Advice. Serving Pacific Northwest Investors for over 40 ...