tru Independence, a $9.5 billion registered investment advisor platform based in Portland, Ore., has announced a partnership with Seven Mile Advisory, a multifamily office in New York City advising on more than $1 billion in assets for some 25 families.
Seven Mile serves ultra-high-net-worth business owners, private equity and real estate professionals, athletes and entertainers. Founder and CEO Pamela Perskie leads the team of four, including Chief Operating Officer and Wealth Strategist Keith Feinberg as well as Emily Herrup and Nicole Bellefeuille, vice presidents and client advisors.
"Pam and her team go way beyond portfolio management as a value-add, creating bespoke planning solutions and innovative ways to solve clients' needs,” tru President and COO Amit Dogra said in a statement. “We are honored to partner with Pam, especially given her track record and continued success in growing family office assets.”
Established in 2019, Seven Mile was with AdvicePeriod for two years before moving to Mariner Platform Solutions for a year, according to Perskie’s SEC registration. The move to tru Independence came after “a thorough search for a partner,” according to the announcement, and was driven by an appreciation for the platform's experience with UHNW clients and the firm’s service delivery platform combining technology, talent and behavioral finance. Perskie expects to leverage tru Independence’s compliance, technology and family office consulting services to expedite growth.
"At Seven Mile Advisory, we build our flexible planning strategies to accommodate each client’s specific needs. This can be difficult to navigate when working with a business platform partner,” said Perskie. “We believe that we found the ideal fit with tru. They aim to provide us with exactly the type of individualized client experience that we extend to our clients.”
The new addition expands tru Independence's footprint in the Northeast and builds on a 2022 that saw the 9-year-old platform add more than $1 billion in assets. Seven Mile is the 29th team to join tru Independence and the first of five signed teams expected to transition to the platform by mid-summer, representing a collective $3.5 billion in assets, Dogra said.
“We anticipate several more as well, making this the single greatest year in tru history,” he said. “Several as big, several larger as well.”