Alvarez & Marsal, Inc. (A&M) announced the launch of a new 20-person RIA, Alvarez & Marsal Private Wealth Partners (AMPWP), providing family office services to ultra-high-net-worth clients.
In an October 28 press release, A&M said the new unit will be led by a team of seven seasoned partners from leading wealth management and consulting firms. The new practice will be based out of West Palm Beach, FL, with additional offices in New York, Atlanta, and Los Angeles.
Leading the project is Peter Scaripanti, who is serving as the chairman of AMPWP. Scaripanti has 40 years of experience as an advisor to high-net-worth individuals. He formerly served as chairman of law firm McDermott Will & Emery.
Joining Scaripanti is Michael Calkin, who will serve as AMPWP’s practice lead. Calkin has 20 years of exposure to ultra-high-net-worth clients as a portfolio manager, family office executive, and private banker at JP Morgan and Citi Private Bank.
The other five partners joining the effort are: Jonathan Fitzgerald, who will lead the wealth planning division and most recently served as head of domestic wealth planning for North America at Citi Private Bank; Michael Murgio, who will join as CIO and most recently served in that same role at Greenway Wealth Management; Takuya Kisaka, who will lead the fixed income team and is the former global head of fixed income for Citi Investment Management; John Ralls, who will lead business development and most recently served as regional head of business development at Fidelity Family Office Services; and Joseph Beradino, who joins as a senior advisor and notably served as CEO of Andersen Worldwide.
View the press release here.
