US Fiduciary, Inc. Closes Institutional Private Equity Investment and Continues National Expansion

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US Fiduciary, Inc, (USF), a leading boutique financial services firm focused on serving high-end investment advisors and their high net worth and institutional clients, announced today that Inter-Atlantic Group (IAG), a private equity firm based in New York, has finalized a substantial investment into US Fiduciary.

We are thrilled to have Chris, Jason, and Bill joining our team of high-end advisors

US Fiduciary, Inc, (USF), a leading boutique financial services firm focused on serving high-end investment advisors and their high net worth and institutional clients, announced today that Inter-Atlantic Group (IAG), a private equity firm based in New York, has finalized a substantial investment into US Fiduciary.

IAG’s investment team has specialized in the financial services sector since 1995 and looks to identify and create private equity investment opportunities throughout the broad financial services industry. The investment is being made from Inter-Atlantic Fund II, L.P., the firm’s second private fund focused exclusively on the financial services industry.

“We look forward to working with US Fiduciary as it continues along its growth trajectory,” commented Frederick Hammer, Co-Chairman of IAG. “The firm’s compelling and unique vision led by CEO Steven Graubart demonstrates ability to successfully execute the integration of a high net worth focused Registered Investment Advisory practice with a broker-dealer; a business model IAG considers an attractive niche opportunity in the financial services industry.”

“This funding comes at a strategic moment for US Fiduciary,” said Steven Graubart, USF Chairman and CEO. “We have established a presence in the market. This infusion of capital will allow US Fiduciary to continue its leadership position in providing a comprehensive offering to financial advisors seeking true independence, while not having to sacrifice institutional quality technology, research, and products.”

The investment will be used to fund enhancements to USF’s operational, technological, and research capabilities. Terms of the transaction were not disclosed.

Further evidences of USF’s recruiting success includes the opening of a South Carolina office led by Chris Morris, a 9 year veteran of the industry formerly of Merrill Lynch, and continued expansion in the Chicagoland area headed by Jason Briscoe and Bill Hammond.

Morris stated: “I gave great consideration in regards to the best interest of my clients when leaving a large retail brokerage firm. After looking at the marketplace, I chose USF because they support my desire to offer financial advice as a RIA, while still being able to provide traditional brokerage services.”

"We are thrilled to have Chris, Jason, and Bill joining our team of high-end advisors,” noted Graubart. Their decisions to partner with US Fiduciary further marks the industry’s trend of wealthy individuals and their advisors moving away from large brokerage firms. US Fiduciary is committed to supporting the technology, regulatory, operations, research, open-architecture, and business development needs of the advisors we partner with and the demand for our offering continues to grow deeper everyday.”

About US Fiduciary, Inc.
US Fiduciary is a boutique financial services firm focused on serving high-end financial advisors and their high net worth and institutional clients. The company’s innovative and integrated offering of Managed Account Solutions, Broker Dealer Solutions, and RIA helps financial advisors and financial institutions manage the increasingly complex needs of wealthy clients. For more information, visit http://www.usfiduciary.com.     

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Quan Domaleczny
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