Picking the right financial advisory firm can be a rather difficult task. There are numerous firms offering you various ways to invest your hard-earned money. However, some of the defining aspects of good financial advisories are the people behind them,
the assets under management (AUM), the consistency of the firm, and the offerings that they provide to their clients.
At Avestar Capital, we provide integrated financial plans and solutions to successfully meet the goals of our clients. We are an independent financial advisory offering services to the middle market. Xerxes Mullan, the Founding Partner and one of the Global Wealth Advisors at Avestar Capital, wanted to cater specifically to the growing wealth creation in connection with the Indian diaspora. He envisaged this Multi-Family Office and Global Financial Advisory boutique to be a one-stop solution to fulfill the financial needs of the entrepreneur, the C-level executive, and help the Indian ultra-high-net-worth individuals with their offshore investment strategies.
Xerxes worked as a Managing Director - Investments at the private banking and investment group Merrill Lynch. The entreprenurial set up at Merrill Lynch further lent to Xerxes’s experience in the financial industry. While Xerxes is an FAA certified multi-engine commercial pilot, his journey in finance started with Goldman Sachs & Co. Xerxes worked with Goldman Sachs & Co. in their Investment Management division in New York, London, Hong Kong and Singapore. He has an MBA in Finance and Strategy from Yale University, holds a Masters in Commerce in Macroeconomics and Bachelors in Commerce (Accounting and Economics) from the University of Mumbai.
One of the key differentiators of Avestar Capital as an independent advisory is the Product Committee. This committee is responsible for focusing on Real Estate Categories and Alternative Investments. There are numerous unique opportunities for the committee to analyze and identify so that the clients may have the benefit of investing in attractive direct opportunities, sidecar investments and more. The future for Avestar Capital looks promising with 3 exciting business initiatives across key product segments including Alternate Investments, Real Estate Opportunities and Marketable Securities which will fulfill the alternative investment needs for the client segments.
The team at Avestar Capital, including the Avestar Board of Directors, the Global Financial Advisors, the Compliance Committee, the Management team, and the Strategic Advisors as well as the clients are committed to the growth of Avestar Capital and our clients. The firm works closely with our clients to ascertain the most efficient way to achieve our fullest potentials. Xerxes Mullan believes that one of the most crucial aspects of his job is to employ the skill of human capital. The ability to play on people’s strengths and leverage their best talents while helping them build on their weaknesses allows Xerxes to have an engaged team.
Xerxes and the team at Avestar Capital have been putting our best efforts to focus on growing the business organically and inorganically by developing a differentiated platform with diverse and unique offerings. The organic strategy attracts prospective clients. The inorganic strategy attracts global financial advisors to the platform. This strategy involves the Merging/Acquiring of Financial Advisors and integrating network and clients on to the Avestar Platform. Furthermore, we have strengthened and bolstered the team by on-boarding extremely talented and highly qualified professionals. By signing up with external sources such as Investment Bankers and Brokers, we are able to implement this inorganic strategy.
The vision at Avestar Capital is to focus on balance sheet management and assets and liability management while enabling clients to achieve financial success. With a diverse management and Global Advisory team, Avestar Capital has created a great network of leading partners and professionals to best serve and advise our clients. Wealth management is a cultural business and Avestar Capital’s cross-border offerings allow access to a unique mix of ideas, opportunities, and funds. By developing a network of similar clients, we have been able to generate some of our best ideas from the network itself while integrating technological intelligence, human capital, and financial data.
Avestar Capital provides Multi-family Office services and administration, Alternate investments, and Retained Earning Solutions, works with leading tech vendors, and is built for high net worth individuals to manage their assets. With an acute awareness of its clientele, Avestar Capital is well equipped to provide personalized financial solutions.
With a professional management team and an M&A of financial advisors to bring in their clients, Avestar Capital’s mission is to tap into new opportunities to grow wealth.