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All Source Investment Management Founding Partner Patrick Kennedy.
Justin Bernier and Patrick Kennedy, who both previously worked at Morgan Stanley as alternative investment directors, established All Source to help wealthy individuals invest in traditional portfolios and alternatives like private equity and hedge funds, they said.
Such alternative-investment strategies are typically left to institutional investors or the mega-wealthy, but they see opportunities for other high-net-worth clients to get in on the action.
The duo has chosen downtown Hartford as their home, occupying 2,100 square feet in CityPlace I, where their former employer is located. Bernier notes that their office faces the Goodwin Hotel, where J.P. Morgan would stay on extended trips to the Capital City.
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Panel recommends small, inflationary pay hike for state officials
Would mark first wage increase in two decades
Ryan Caron King :: CT Public Radio
Connecticut legislators haven’t received a raise since January 2001. Above, members of the House of Representatives are sworn into office in 2019.
A state panel narrowly recommended Friday that Connecticut legislators and constitutional officers receive their first pay hikes in two decades albeit very modest ones.
But whether the General Assembly and Gov. Ned Lamont will order those increases remains uncertain.
The Commission on Compensation of Elected State Officials voted 3-2 Friday morning to tie the salaries for lawmakers and constitutional officers to inflationary factors.
Morgan Stanley Team Departs to Form All Source Investment Management A Hartford, Conn.–based team partnered with RIA support platform Integrated Advisors Network to go independent and expand client access to alternative investments.
Just a week after announcing plans to build out a dedicated offering for breakaway advisors, Integrated Advisors Network, a Palos Verdes, Calif.–based support platform for RIAs, has recruited a Hartford, Conn.–based Morgan Stanley team, which expects to bring at least $100 million in client assets initially.
Advisors Justin Bernier and Patrick Kennedy broke away from the wirehouse to launch All Source Investment Management, and they hope the move will allow them to broaden the types of investments their clients can access.