Briarcliff Manor, NY January 16, 2024 –
Timber Point Capital Management is pleased to announce the formation of a strategic joint venture with Fortis Capital Advisors (FCA), an RIA based in the Kansas City, MO area. Timber Point Capital Management, established in 2020, provides multi-asset investment solutions for its clients and will become an RIA on the FCA platform as well as provide in-house advisory services to FCA advisors.
This partnership marks a significant milestone in both companies’ efforts to enhance their capabilities. “As Fortis Capital continues to grow at a rapid pace, we are excited about the joint venture with David Cleary and his team. Timber Point brings seasoned success in their investment management background and compliments our focus to serve more of our institutional relationships and build out a more robust Outsourced Chief Investment Officer (OCIO) offering. This partnership solidifies our drive to truly focus on building out strong investment programs to allow not only our advisors, but advisors throughout the country help their clients meet their investment goals,” said CEO of Fortis Capital, Rob Hagg.
“My partners and I are thrilled to announce Timber Point’s joint venture with Fortis Capital. We believe the two firms share a synergy of culture, expertise and talent which can create effective investment solutions for advisors and their clients. We look forward to successfully working and growing together with Rob and team.”, said David Cleary, President of Timber Point Capital Management.
The joint venture brings together the complementary strengths of Fortis Capital and Timber Point fostering collaboration and innovation in addressing the unique needs of clients.
About Timber Point Capital Management
Timber Point Capital Management, LLC (TPCM) is an employee owned, New York based, boutique asset management firm that provides global multi-asset investment solutions to a wide range of clientele. Formed in January 2020, TPCM was named investment advisor to three liquid alternative mutual funds in the M360 Trust in April 2020. The key employees of the firm have successfully worked together on multi-asset investment solutions for over 15 years, primarily at Lazard Asset Management. In addition to OCIO solutions and fund management, Timber Point manages separate account portfolios on behalf of institutions and high net worth investors. You can read a recent article on the firm’s launch can be read by clicking here.
About Fortis Capital Advisors
Fortis Capital is committed to advisor growth. We provide a cutting-edge platform of technology, compliance, back-office support, and wealth management/planning resources for advisors to focus primarily on what they do best, procuring new clients and continually building relationships with current clients. In addition to those resources, Fortis Capital helps advisors build around their practices with strong recruiting resources, practice acquisition tools and financing strategies.
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