Saudi national Abdulmohsin Al Omran was raised in Riyadh and attended King Fahd University of Petroleum and Minerals in Dhahran, where he graduated with a Bachelor of Science in Industrial Management and Finance. Abdulmohsin learned the value of dedication and discipline while working at Goldman Sachs. He also gained insight into the challenges Gulf families confront when their assets are dispersed among several institutions and lack a cohesive, goal-oriented investment plan.The Family Office uses the Endowment Model as a framework for investing and develops a well-defined plan that spans five to ten years, diversifying across asset classes, investment managers, opportunities, and industries.
As money erodes and loses buying power as a result of excessive spending, inflation, or the inheritance being divided among several people, many families experience financial loss. This is where planning, saving, and financial management come into play.Back when The Family Office was first established as a Gulf-based business, several elite asset managers wanted complete customer disclosure and would not cooperate with them. Out of respect for their confidence in him, Abdulmohsin declined to give out the identities of his clients. He then began obtaining the required permits from foreign authorities in the US, UK, and Hong Kong.
Then, by founding Petiole Asset Management AG in Switzerland, The Family Office’s investment division, and obtaining a FINMA license, he distinguished wealth management from asset management. Recently, Petiole and one of the leading private banks in Switzerland partnered.Al Omran thinks it’s critical to provide youngsters with training both during and after their time in college. For this reason, The Family Office has introduced the Young Professionals Program, which enables participants to get real-world experience. Full-time work is provided to those who succeed.
About The Family Office
For more than 200 ultra-high-net-worth families and individuals, The Family Office has been the go-to wealth manager since 2004. With tailored solutions in diverse alternatives and beyond, we help clients protect and build their money. Make an appointment to speak with one of its financial specialists to find out more about how we handle wealth.
