The practice strengthens the firm’s institutional platform as nonprofits and foundations increasingly seek fiduciary investment governance.
HB Wealth (HB), an Atlanta-based independent registered investment advisory (RIA) firm, has launched a dedicated institutional advisory and outsourced chief investment officer (OCIO) practice, formalising the firm’s longstanding relationships across nonprofit, foundation, endowment and corporate clients into a purpose-built offering. HB Wealth’s move aligns with a broader trend of independent RIAs building institutional capabilities The US$32 billion assets under management fee-o