Gallagher Fiduciary Advisors

Gallagher Fiduciary Advisors

Gallagher Fiduciary Advisors (GFA) is a manager-of-managers unit housed inside Arthur J. Gallagher & Co., the insurance brokerage and risk management firm founded in Chicago in 1927. GFA serves institutional clients — primarily insurance companies, corporate treasuries, and public entities — by constructing portfolios of external investment managers across asset classes. GFA invests across traditional fixed income, equities, private credit, and alternative asset classes, allocating through separately managed accounts and commingled funds. The unit provides discretionary portfolio management and advisory consulting, with due diligence performed by GFA's internal team. Known co-investments or direct portfolio companies are not publicly disclosed. GFA’s geographic focus is primarily North America, with global exposure through third-party manager mandates. Arthur J. Gallagher & Co. employs over 71,000 people globally across 1,116 offices and 130 countries, reporting $13.8B in revenue for fiscal 2025. GFA’s team size is not publicly disclosed. The firm operates only from the US headquarters in Rolling Meadows, Illinois, with no separate disclosed offices for GFA. No philanthropic vehicles or operating-company siblings are disclosed in connection with GFA. GFA's structural differentiator is its integration within a large, publicly traded insurance brokerage — a distribution channel for fiduciary investment services that most fund-of-funds managers cannot replicate. The unit does not raise blind pools from the market; it serves Gallagher's existing client base through the brokerage's risk-management and consulting relationships.