Griffin Capital Successfully Completes Inaugural Advisor Leadership Alternative Investment Roundtable Event
El Segundo, CA – (July 10, 2015) Griffin Capital Corporation (“Griffin Capital”) recently hosted its inaugural Advisor Leadership Alternative Investment Roundtable (“ALAIR”) event, at its corporate headquarters in El Segundo, CA. Twelve independent financial advisors, along with several members of Griffin Capital executive management, participated in this two day meeting, and the results exceeded expectations.
ALAIR was created to provide a forum for financial advisors who are thought leaders in the alternative investments (“AI”) space to gather and share their insight and candid feedback on current issues and future challenges and opportunities in the industry. Griffin Capital has long focused on maintaining an active dialog with these leading financial advisors, but ALAIR takes this interaction to another, more robust level. ALAIR is particularly timely at this point in the evolution of the AI industry in light of pending and proposed regulation, and the substantial impact those new rules may have on the space.
Moderator Vere Reynolds-Hale, Griffin Capital Securities’ Senior Vice President of Business Strategy, stated “As the regulatory landscape forces us to adapt to change it is critical, as a leading sponsor in the AI industry, that we take into consideration what financial advisors are thinking in our space. These advisors are our connection to the ultimate investor, and without their input, we lose the ability to structure investment products that fit their goals and objectives.”
In addition to a robust discussion regarding the various current industry regulatory matters and possible responses thereto, key topics discussed in the inaugural ALAIR included sales processes, marketing materials and development of client education materials. Mr. Reynolds-Hale further stated that “the amount of input and active participation from all members far exceeded my expectations.”
Participant Don Hartman, President of Hartmann Financial Advisors in Centennial, CO, said “Given the dramatic changes coming to the alternative investment market, I applaud Griffin Capital for reaching out to advisors and seeking our input as to how to structure future products in order to continue to meet the needs of our clients, while at the same time being sensitive to challenging adjustments financial advisors will face as a result of FINRA RN15-02. I thought the roundtable was well conceived, very informative and that the Griffin Capital staff was genuinely interested in the concerns and suggestions of the advisors who attended. It is refreshing to have a resource like Kevin Shields and his team at Griffin Capital.”
John Pfaffman of Rubicon Financial Network out of Tempe, AZ said “It was very helpful to hear from the management team on how they are addressing and preparing for the upcoming regulatory decisions that will affect the alternative investment landscape. The interaction with advisors was productive as we all work to assist sponsors in the best design of products including marketing literature and the reduction of expenses to improve the value and experience for clients.”
Griffin Capital plans to host another ALAIR meeting with the same participants later in the year, in an effort to continue the momentum created by the inaugural meeting.
David Rupert, Griffin Capital’s President, concluded, “The onus is on us to diligently follow through and act upon the outstanding feedback and suggestions attendees provided to us. Our report card of success will be the progress realized by the time we hold our next ALAIR, and in the months that follow.”
About Griffin Capital Corporation
Griffin Capital Corporation (“Griffin Capital”), is a privately-held, Los Angeles headquartered investment and management company with a 20-year track record sponsoring real estate investment vehicles and managing institutional capital. Led by senior executives each with more than two decades of real estate experience collectively encompassing over $20 billion of transaction value and more than 650 transactions, Griffin Capital and its affiliates have acquired or constructed approximately 40 million square feet of space since 1995. Griffin Capital and its affiliates manage, sponsor and/or co-sponsor a portfolio consisting of approximately 26.0 million square feet of space, located in 29 states, representing approximately $4.3 billion in asset value. Additional information about Griffin Capital is available at www.griffincapital.com.