A Virtual Family Office · Hartford, Connecticut

Institutional thinking.
Personal advice.

One team accountable for your entire financial life. We manage money with the discipline of the institutions we came from, and coordinate the tax, estate, risk, lending, and philanthropic pieces alongside your other advisors.

Request an Introduction How We Work
Our Definition of Wealth Management

Most firms manage portfolios.
We manage the whole picture.

Investment Management

Portfolio construction, quantitative risk management, and access to alternative investments historically reserved for endowments and pensions.

Advanced Planning

Tax, estate and wealth transfer, asset protection, and charitable giving — addressed systematically, alongside your own specialists.

Relationship Management

A dedicated team that knows your complete picture, coordinates your other advisors, and communicates proactively — this generation and the next.

See the full service breakdown →
The Access Gap

Where institutions put their money.

Endowments, sovereign funds, and family offices diversify broadly into private markets. The gap isn’t knowledge or money. Most families who qualify have simply never been shown what they can reach.

University Endowments
54%
Family Offices
35%
Public Pensions
30%
Sovereign Wealth Funds
28%
Typical Individual
<5%
5–10×
The size of the gap

Across endowments, family offices, pensions and sovereign funds, institutional allocations to alternatives run roughly five to ten times what a typical individual investor holds.

Interactive · Allocation Gap Analyzer

How does your allocation compare?

Investable assets$10M
Current allocation to alternatives5%
Your alternatives today$0.5M
Institutional range (28–54%)$2.8M–$5.4M
For illustration and education only — not a recommendation or an offer. Institutional investors differ from individuals in horizon, liquidity needs, constraints, and scale; the comparison is educational context, not a target. Institutional ranges reflect the third-party studies cited above. Whether any allocation is appropriate depends on your complete situation.
How this comparison works. Your two inputs — investable assets and current allocation to alternative investments — are multiplied into a dollar figure and shown beside the 28–54% range the cited institutional cohorts report (endowments, sovereign wealth funds, family offices, and public pensions, per the studies below). No return, projection, growth path, or outcome is calculated. The result will vary with each use as your inputs change, and over time as the cited studies are updated. The dollar figures are hypothetical illustrations of a published range applied to your inputs, not a recommendation or a personalized analysis of your portfolio.

*Allocation to alternative investments. Sources: NACUBO–Commonfund Study of Endowments (FY2025, dollar-weighted, alternative strategies plus real assets); J.P. Morgan Global Family Office Report (2026); Equable Institute, State of Pensions (2026); Invesco Global Sovereign Asset Management Study (2026, illiquid plus liquid alternatives); Cerulli, U.S. Alternative Investments (2024) for advisor-managed individual portfolios. Figures are reviewed annually. See Important Disclosures below.

Who We Serve

A select number of families at an inflection point.

Most families we serve have a net worth of $5 million or more. What matters more is whether your financial life has outgrown the advice managing it — that is the conversation.

Founders Who Have Exited
→
Active Business Owners
→
Corporate Executives
→
Established & Multi-Generational Families
→
Inheritors & Sudden Wealth
→
The Virtual Family Office

The wealthiest families don’t buy products. They build teams.

A virtual family office gives a family the coordinated experience of a single-family office: one team overseeing the investments and everything around them, without a family having to build and staff an office of its own.

All Source acts as your personal CFO: we manage the investments ourselves, and coordinate the specialists around them.

Request an Introduction
All Source
Investment Management · Advanced Planning · Relationship Management
Your Coordinating Team
Estate & Legal Counsel
CPA & Tax
Insurance & Risk
Trust Services
Banking & Lending
Custody
“
When a lot of people are going to one side of the boat, we typically start to become cautious.
Patrick Kennedy · Founder & Managing Partner — on Bloomberg
BloombergCNBCReutersSchwab NetworkCBSU.S. NewsYahoo Finance

Media appearances reflect commentary provided to these outlets and do not constitute an endorsement of All Source Investment Management by any media organization.

Who We Are

Founded by two former Morgan Stanley Alternative Investment Directors.

An independent firm in Hartford, Connecticut, operating through Integrated Advisors Network as the registered investment adviser of record. All Source acts in a fiduciary capacity — your interests placed first.

Patrick Kennedy

Patrick Kennedy

Founder & Managing Partner

Former Alternative Investment Director, Morgan Stanley Wealth Management. Featured on Bloomberg, CNBC, Reuters, and CBS.

Justin Bernier

Justin Bernier, CIMA®

Founder & Managing Partner

Former Alternative Investment Director, Morgan Stanley. U.S. Naval Intelligence Officer. MBA, Yale University.

Start with a private consultation.

Thirty minutes with a member of our team — your situation, your questions, and a plain-language read on whether we can help. Confidential, and without obligation. If your current plan is working, we’ll tell you.

Request an Introduction
(860) 461-0376 · info@allsourceinvest.com