Investment Management for Family Offices
Dedicated public-market expertise.
A clear role within
your family’s portfolio.
Your family office oversees wealth with responsibilities that extend across investments, entities, and generations. You need investment partners who understand their role, bring a disciplined process,
and work effectively alongside your team.
FortyOne Asset Management provides public equity and
fixed-income investment management for family offices.
Our flagship strategy, FortyOne U.S. Equity, offers a focused
solution for offices seeking to outsource their U.S. public equity allocation.
Based in Naples, Florida, we serve clients nationwide.
Choose where outside expertise adds the most value
Your team may focus on private investments, operating businesses, real estate, or the broader responsibilities of serving the family. Public-market investing requires its own research, portfolio oversight, and ongoing attention to risk.
You may want a dedicated U.S. equity manager within a broader investment program. Or you may need a partner to manage public equities and fixed income together.
FortyOne can take responsibility for a defined public-market mandate while your office retains oversight of the family’s broader investment strategy.
Investment Management for Family Offices
Dedicated public-market expertise. A clear role within your family’s portfolio.
Your family office oversees wealth with responsibilities that extend across investments, entities, and generations. You need investment partners who understand their role, bring a disciplined process, and work effectively alongside your team.
FortyOne Asset Management provides public equity and fixed-income investment management for family offices. Our flagship strategy, FortyOne U.S. Equity, offers a focused solution for offices seeking to outsource their U.S. public equity allocation.
Based in Naples, Florida, we serve clients nationwide.
Choose where outside expertise adds the most value
Your team may focus on private investments, operating businesses, real estate, or the
broader responsibilities of serving the family.
Public-market investing requires its own research, portfolio oversight, and ongoing attention to risk.
You may want a dedicated U.S. equity manager within a broader investment program.
Or you may need a partner to manage public equities and fixed income together.
FortyOne can take responsibility for a defined public-market mandate while your
office retains oversight of the family’s broader investment strategy.
Experience from inside a single-family office
Our founder and Chief Investment Officer, Adam Zuercher, spent three years managing public
equity and fixed-income portfolios for a single-family office serving a highly successful family.
That role deepened his understanding of managing public investments within a larger balance
sheet, where private holdings, liquidity needs, and long-term family priorities all matter.
Before that experience, Adam spent more than two decades building and leading an independent
investment advisory firm. His career began in 1999 at a regional CPA firm, where he helped
launch an investment advisory practice and earned his CPA and CFP® designations.
He brings those perspectives together at FortyOne: investment management experience, an
understanding of family-office responsibilities, and respect for the purpose behind the wealth.
FortyOne U.S. Equity: a focused mandate for your public equity allocation
FortyOne U.S. Equity is our flagship strategy, combining fundamental research, technical analysis, and active risk management in pursuit of long-term growth.
We seek to own great businesses in sustained upward trends, supported by a clear thesis for each investment. Fundamental research informs what we own. Technical analysis informs timing and risk decisions.
The strategy typically holds approximately 25–35 stocks, with position sizes reflecting conviction, risk, and the contribution of each holding to the portfolio.
For a family office, it can serve as a core U.S. equity allocation or complement other managers and investment approaches.
Direct ownership. Visibility into the mandate.
FortyOne U.S. Equity is offered through a separately managed account, or SMA.
The account directly owns the individual securities, and FortyOne manages them on your behalf.
This structure provides visibility into holdings and transactions, helping your team evaluate
exposures alongside the family’s other investments.
In taxable accounts, we can consider cost basis, unrealized gains and losses, and opportunities
for tax-loss harvesting when appropriate. We also evaluate reasonable restrictions and transition requirements, provided they remain consistent with our ability to manage the strategy effectively.
The strategy has no lockup period or scheduled redemption windows. Securities can generally be
sold on market trading days, with access to proceeds subject to settlement and transfer processing.
Broader public-market management when you need it
Some family offices need more than a dedicated equity strategy.
FortyOne can manage public equities and fixed income within a coordinated portfolio, incorporating complementary international funds and ETFs where appropriate.
We consider the role of these investments within the family’s broader wealth, including liquidity needs, spending commitments, tax circumstances, and exposures outside the accounts we manage.
Your office can retain responsibility for private investments and other assets while delegating the agreed public-market responsibilities to FortyOne.
A defined process. Clear accountability.
1. Establish the mandate
We begin with your objectives, portfolio structure, existing managers, liquidity requirements, and investment restrictions.
Together, we define the scope of our responsibility and the role the allocation should play.
2. Evaluate the fit
We discuss our investment philosophy, research process, portfolio construction, and risk discipline. We review how the proposed mandate would complement your existing investments and explain fees, implementation, and communication expectations.
3. Implement thoughtfully
We evaluate existing holdings, tax considerations, account structure, and transition needs. Implementation follows the agreed mandate, with attention to the family’s circumstances.
4. Manage and communicate
We monitor the portfolio, reassess investment theses, and act as evidence changes.
We provide clear communication about positioning and meaningful decisions, supporting your team’s oversight of the allocation.
Questions family offices ask
Let’s discuss the role we could play
Whether you are evaluating a U.S. equity manager or seeking broader public-market support,the starting point is a clear understanding of your family office’s needs.
We would welcome the opportunity to learn about your investment program, share
our process, and determine whether FortyOne is the right fit.