As this publication has noted for some time, the market in and around Dallas, Texas is an important one for wealth management. A business focused on the outsourced chief investment officer (OCIO) model has opened an office in the city.

Partners Capital, which provides services including outsourced chief investment officer capabilities, has opened its latest office, in Dallas, Texas.

The office, which is Partners Capital’s fourth in the US, will be led by Olivia Newell, head of Texas, who joined the firm in 2019. She will be working alongside the firm’s co-founder and vice chairman, Paul Dimitruk.

The business oversees more than $30 billion in assets for US clients, including educational endowments, prestigious foundations, family offices and private clients. It offers customized investment solutions spanning diverse asset classes.

“Texas is a dynamic and thriving market and an important pillar of our US and global strategy. Our team has been building our presence in Texas, recognizing the growing demand for highly tailored portfolio solutions and access to what we see as the highest quality managers across each asset class,” Arjun Raghavan, CEO of Partners Capital, said. 

The Dallas/Forth Worth wealth management market is an important and growing one, as chronicled in 2020 by this news service’s US correspondent, here.