Former Morgan Stanley advisors Justin Bernier and Patrick Kennedy have announced the formation of All Source Investment Management. The Connecticut-based company will integrate traditional portfolio investment strategies with alternatives including private equity and hedge fund options.
Mr. Bernier is a former financial advisor, portfolio manager and alternative investments director at Morgan Stanley Wealth Management. A 13 year U.S. Navy veteran, he specializes in advising high-net-worth clients and select institutions.
"All Source reflects our ability to expand client opportunities into alternative investments and tax-advantaged strategies that historically benefited only the mega-wealthy," said Mr. Bernier.
Mr. Kennedy is also a former financial advisor, portfolio manager and alternative investments director at Morgan Stanley Wealth Management, with more than 10 years of account management, investment and sales experience. He has also served in account management and business relationship roles with Travelers Insurance and Cigna.
Mr. Kennedy described the All Source mission as "putting accredited investors on a level playing field" with larger market players. "We want to help millionaires invest like billionaires," he said, "with advanced financial planning remaining central to our services."