To Our Hedge Fund Neighbors: Welcome

Notifications are beginning to reach small and mid-size hedge funds informing them that they need to find a new place to bank.

To all affected – and you could eventually number in the thousands – consider this your welcome mat.

Fieldpoint Private’s heritage in the fund arena predates the founding of our firm and has continued ever since. Among those who brought the firm to life were pioneers, legends and household names across the financial sponsor spectrum, who shared a concern about the prevailing direction of the banking industry’s behemoths.

The issue?

Sooner or later the familiar banking giants will inevitably orient their practices around their own best interests, not their clients’. From replacing accountable single points of human contact with 1-800 call centers, to setting up new accounts at the bank’s pace rather than the funds’, to assigning fund business to bankers who don’t speak the language, these compromises have progressed. Even to the point of singling out funds that don’t satisfy the banks’ appetites for scale and efficiency – and asking them to move along.

Serving as a refuge from these types of compromises and conflicts has been our first and most essential value.

In the years since, our firm has served hedge funds from coast to coast. And in that time, experienced senior professionals- choosing to leave the big-box banks and come here – have only added to our capability, encompassing decades of combined experience in the service of over 100 firms.

What we offer is simple. It is each of our colleagues and our commitment to the best interests of your funds, your clients, and your people.

As a hedge fund choosing Fieldpoint Private, you will be supported by a dedicated banking team and a single point of contact. They will fit our services to your requirements. They will offer the best of Fieldpoint to your entire universe – your leadership, your people and, if you wish, your clients. They will keep you close to the bank’s leadership and decision making. They will give you their cell phone numbers, not an 800 number.

And while you work to protect and grow your clients’ wealth, they will work zealously to protect your single most precious commodity – time.

You will see my email on this article’s byline and will always know where to find me. I invite you to reach out and let us show you what a true fund banking home looks like.

Russ