GlobalBridge is searching for institutional money managers to subadvise assets in its Professional Portfolio Program, to be launched June 1. GlobalBridge intends to use institutional money managers to run assets for high-net-worth individuals. GlobalBridge will offer about 35 investment portfolios and is looking for subadvisers with a variety of styles and asset classes. GlobalBridge assumes all trade execution, billing, client servicing and compliance responsibilities.
RFPs are available from CEO Kelly Thomas Coughlin at (952) 746-5850 or [email protected] There is no set due date, but he hopes to have managers in place by June 1.