Gryphon Investment Advisory Bahamas Limited has been approved to operate as a regulated Asset Manager and Investment Advisor in The Bahamas by the Securities Commission of The Bahamas. This approval will allow Gryphon to offer its Bahamian platform to wealth managers, family and multi-family offices globally. As Gryphon grows its assets under management (AUM) it will be seeking to tap local talent and out-source non-core activities to local firms. Gryphon’s philosophy is to offer a truly open-architecture platform providing a bespoke service over a comprehensive platform.

Zev Crystal, Managing Director and Principal, will be running the day-to-day business from the Albany Financial Center in New Providence and says, “We offer a platform for wealth managers and multi-family offices to operate independently of traditional financial institutions, and allow them to service their clients in a seamless manner.”

Andre Lajeunesse, Director, after being a senior banker in Asia for the past 30 years will be responsible for bringing the Asian client base onto the Gryphon platform. He notes, “Asian clients are well versed in the External Asset Manager concept, yet no one has developed a platform like Gryphon.”

As part of Gryphon’s international strategic alliances and partnerships, Generation Three Family Partners (www.g3fp.com) will be responsible for providing Family Office servicing from its European platform. Gryphon also has a strategic alliance with Investment and Portfolio Consultants (IPC), run by David Crystal and Len Watson to provide Investment Advisory services, based in London.

Gryphon anticipates opening regional offices in Asia and the Middle East within the year.