EFSI reposted this
As with fund of funds, wealth management firms are the intermediaries between the end user investors and your firm. Unlike fund of funds, however, allocations from RIA wealth managers have the potential to be more sticky assets for the money manager. Of course, you will need to give these gatekeepers reason to see that putting their clients in your LP is more than just a performance chasing move. Frumerman & Nemeth CEO, Bruce Frumerman, offers five steps that your investment firm should take to build an action plan to make and maintain contact with investment advisor heads at wealth management firms in his blog post this month. https://lnkd.in/erpEHZ84 #assetraising #capitalraising #alternativeinvestments #hedgefunds
