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Anchor Bay Private Wealth
Richard Busillo chairs Anchor Bay Private Wealth, an RIA allocating to private credit, real estate and private equity for high-net-worth families.
Anchor Bay Private Wealth
Anchor Bay Private Wealth operates from Palm Beach Gardens, Florida, led by Chairman and CEO Richard J. Busillo. The firm positions itself at the intersection of traditional wealth advisory and institutional-grade alternative investments, serving high-net-worth individuals and families rather than a single source of wealth. The firm's investment strategy spans private credit, real estate, private equity, and hedge fund allocations. Anchor Bay structures both direct co-investment opportunities and fund commitments, blending manager selection with bespoke deal access. The geographic focus centers on US-based opportunities, with a particular emphasis on Sun Belt real estate and middle-market credit. The firm constructs portfolios that mix yield-generating private debt with longer-duration equity positions. Team size and total assets under management are not publicly disclosed. The firm maintains a single office in Palm Beach Gardens, with no known satellite locations or adjacent philanthropic vehicles publicly documented. Richard J. Busillo leads the firm's investment committee, though the full roster of investment professionals and any external advisory board remains private. Anchor Bay's structural differentiator is its hybrid model — an RIA that operates with the deal-sourcing posture of a family office, not a retail wealth manager. While most RIAs outsource alternative exposure to third-party funds, Anchor Bay appears to pursue co-investments and direct placements typically reserved for larger institutional allocators. This architecture lets the firm offer a more concentrated alternatives book than a standard multi-family office, though the lack of public transparency limits deeper structural analysis.
General information
Firm type
RIA
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Palm Beach Gardens
Corporate office
Palm Beach Gardens, FL, United States
Principals
Richard J. Busillo
Chairman & CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Anchor Bay Private Wealth?
Richard J. Busillo serves as Chairman and CEO and leads the firm's investment process. The full composition of the investment committee and any additional voting members are not publicly disclosed. Anchor Bay operates without known outside institutional backing, suggesting investment authority rests with the senior leadership team.
How does Anchor Bay source its alternative investment deals?
Anchor Bay appears to source direct co-investments and fund commitments through manager relationships and proprietary networks, though the firm does not publicly detail its origination channels. The Florida location and RIA structure suggest sourcing may rely on relationships with regional sponsors and national alternative asset managers.
Does Anchor Bay participate in fund commitments or only direct deals?
The firm allocates across both direct co-investment opportunities and fund commitments. Anchor Bay blends manager selection with bespoke deal access across private credit, real estate, private equity, and hedge fund strategies.
What distinguishes Anchor Bay from a typical RIA or wealth manager?
Most RIAs outsource alternative exposure to third-party funds with limited customization. Anchor Bay pursues a hybrid approach — structuring co-investments and direct placements more typical of a family office or institutional allocator, while maintaining the multi-client advisory framework of a registered investment advisor.
Which asset classes does Anchor Bay explicitly avoid?
Anchor Bay does not publicly disclose any explicit avoidance list. Based on its stated focus areas, the firm concentrates on private credit, real estate, private equity, and hedge funds, with no public indication of venture capital, infrastructure, or commodity-specific strategies.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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