Rogerscasey will provide investment due diligence to the ultra-wealthy clients of a St. Louis-based family office, continuing a push into the wealth management market for the institutional investment consulting firm in Darien, Conn., and for investment consultants in general over the past few years.

The "strategic relationship" between Lowenhaupt and Rogerscasey formalizes an arrangement that the wealth advisor has had in one-off scenarios for certain clients and that the investment consultant has also had for several years with other firms.

"A big plus will be the family clients’ ability to access Rogerscasey’s monitoring of alternative investment managers, as well as the chance to co-invest with larger institutional clients or find other investing arrangements", says Patrick Mulvey, head of global sales and marketing for Rogerscasey.

"That’s something difficult to execute in the wealth management space – due diligence and monitoring and implementation of alternative investments," he adds.

FundFire.com, January 2010 [subscription required]