FWM Holdings, Parent of Forbes Family Trust, Completes Acquisition of AM Global
NEW YORK & PHILADELPHIA — January 03, 2019 -- FWM Holdings, the parent of Forbes Family Trust, completes acquisition of AM Global. FWM Holdings, the parent company of Forbes Family Trust and LGL Partners, multi-family offices focused on ultra-high-net worth families, today announced the completion of its acquisition of AM Global Family Investment Office (“AM Global”). AM Global is a multi-family office that provides bespoke investment advice and solutions to wealthy individuals and families, and the firm’s team will join Forbes Family Trust’s investment professionals. The transaction will expand Forbes Family Trust’s footprint in the U.S. by leveraging AM Global’s established presence in Palm Beach, Florida.
Financial and legal terms of the transaction will not be disclosed.
About Forbes Family Trust
Forbes Family Trust is a global multi-family office specializing in alternative investments, asset allocation, portfolio construction and financial planning based in New York, N.Y., Philadelphia, Pa. and Palm Beach, Fla. Founded to serve the investment and wealth planning needs of members of the Forbes family, the firm opened its doors in 2009 to welcome the world’s most prominent families and family offices to join as clients. Forbes Family Trust and its affiliates manage approximately $4.5 billion in assets under advisement as of September 30, 2018. Forbes Family Trust is a registered investment adviser and a fiduciary. For more information, please visit www.forbesfamilytrust.com.
FWM Holdings and Forbes Family Trust are not affiliated with Forbes Media LLC.
About AM Global Family Investment Office
AM Global Family Investment Office is a multi-family office that provides bespoke investment advice and solutions to wealthy individuals and families throughout the U.S. and internationally. Based in Palm Beach, Fla., the firm’s “common sense” focus offers objectivity, transparency and service combined with an investment culture undiluted by competing disciplines. AM Global believes in investing in a broad range of traditional and non-traditional asset classes, developing recommendations based on proprietary research consistent with client investment objectives.