# FIFIT

FIFIT is a Bank / Wealth / Trust based in Richmond, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Richmond, United States
- **Region:** North America
- **Address:** Richmond, VA, United States
- **Assets under management:** Undisclosed
- **Website:** fifit.com

## Regulatory record

- **Reports private funds:** No

## About

FIFIT is a wealth management firm based in Richmond, Virginia, US. It focuses on wealth management services in North America.

## Questions

### What is FIFIT's primary business structure?

FIFIT operates as a wealth manager with integrated trust and private banking services. The firm's structure combines fiduciary administration — acting as corporate trustee — with in-house investment management, distinguishing it from advisory-only RIAs. This design subjects the firm to trust law and regulatory oversight from both banking and securities regulators.

### How does FIFIT's trustee role affect its investment strategy?

The corporate trustee mandate imposes a legal duty of prudence and impartiality toward current income beneficiaries and future remaindermen. This generally steers portfolio construction toward balanced allocations favoring income generation and capital preservation over high-growth, illiquid strategies. Investment decisions must satisfy the Uniform Prudent Investor Act or comparable standards.

## Related profiles

- [Fife Council Pension Fund](https://altss.com/profile/fife-council-pension-fund)
- [Fifth Set Private Wealth Management](https://altss.com/profile/fifth-set-private-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/fifit

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