Paraklete Financial

Paraklete Financial

James E. Osborne founded Paraklete Financial in 1993 as an SEC-registered investment advisor headquartered in Atlanta. The firm operates as a multi-family office, serving high-net-worth families and institutions, with a mandate that blends wealth management with direct principal investing. Osborne, who serves as President and CEO, chairs investment decisions alongside Chairman William H. Herndon (public record). Paraklete allocates capital across four core asset classes: private credit, real estate, hedge funds, and infrastructure. The firm makes direct co-investments and SPV commitments alongside external GPs, with a focus on structured deals that offer yield and downside protection. Confirmed direct positions include investments in commercial real estate debt funds and infrastructure projects across North America (per public record, 2023). Geographic focus is US-centric, with exposures on both coasts and in the Sun Belt. The firm reports roughly $3 billion in assets under management, making it a mid-sized multi-family office by AUM (per public record, 2023). Paraklete operates with a lean team of professionals across its Atlanta office; no additional offices are documented. The firm maintains no publicly disclosed philanthropic or operating-company vehicles — activity is concentrated on the RIA platform. Paraklete’s structural differentiator lies in its hybrid model: it registers as an RIA but deploys capital like a principal investor, holding direct stakes alongside advisory relationships. This allows the firm to bypass traditional fund lockups while maintaining control over asset selection and exit timing.