Founded on the Experiences
of Ultra-High Net-Worth Investors
Leading up to, during and following the Great Financial Crisis, we experienced the frustration felt among affluent investors. As 2008 unfolded and the global markets grew increasingly more volatile, these individuals realized that due to their use of a variety of different firms to manage their assets, they were unable to easily evaluate their overall allocation, investment holdings and risk exposure.
The answer was simple.
They needed to:
- Consolidate their assets at one firm,
- Streamline their portfolio by reducing the number of investments and
- Identify talented individuals with professional experience and personal character they could trust to make the right decisions on their behalf.
Borrowing lessons from successful family offices, it took time to bring these ideas together under a refined process. However, in 2014 RiverGlades Family Offices, LLC was founded in Naples, Florida to offer these services to select individuals, families and not-for-profits.
Paul J. Marinelli, CFA, CPWA®
FOUNDER AND PRESIDENT
Education:
Duke University, Economics
Credentials:
Chartered Financial Analyst (CFA) Certified Private Wealth Advisor® (CPWA®)
Paul "PJ" Marinelli is the Founder and President of RiverGlades Family Offices, LLC. Prior to founding RiverGlades, PJ's experience includes extensive exposure to the various facets of investment management having worked at some of the world's largest asset management companies as well as assisting in growing newly formed Registered Investment Advisory (RIA) firms. He learned the business while working for Citigroup Asset Management and Legg Mason's Private Portfolio Group in the New York City area supporting the Chief Investment Officer in the implementation of separately managed accounts, including over $1 Billion in assets under management. He then accepted a position as a portfolio manager with a registered investment advisory firm. While employed there he traveled internationally to meet with management teams and tour facilities of potential investments ranging from as far abroad as Australia to Israel. He ultimately rose to the position of President and Chief Investment Officer responsible for both the investment advisory firm and Capital Bank's Trust operations.
Paul received an undergraduate degree from Duke University majoring in economics. He became a Chartered Financial Analyst® (CFA®) Charter holder in 2007 and earned the Certified Private Wealth Advisor® (CPWA) designation in 2017. He has in the past and continues to serve on various boards and committees for charitable, civic and environmental organizations in Southwest Florida including a position on the Lutgert School of Business Finance Department's Executive Council. He grew up in Naples before leaving for college and his time in New York, returning to Naples in 2008.