Gryphon was retained by a family office to conduct an investigation into a potential new Chief Investment Officer to help grow the family’s wealth.

Gryphon undertook a deep-dive background investigation on the client’s top candidate, which included a public records review and human intelligence gathering among the candidate’s former colleagues and close associates. A public records review revealed no adverse information. However, interviews with the candidate’s former colleagues uncovered a different story. Adverse commentary from human sources uncovered of a variety of adverse facts regarding the candidate, including a failure to uphold fiduciary duties at another firm the candidate had helmed—which was also failing financially. Sources also noted the candidate’s poor people management skills, work ethic and judgement.

As a result of our investigation, Gryphon’s client decided not to move forward with the candidate.