Paul Coan of Plutos Wealth Explains a New Model for RIAs
b'In this episode of Strategic Investor Radio, host CharleyWright interviews Paul Coan of\\xa0Ploutos Wealth. Named for the Greek god ofwealth and abundance, Indianapolis-based Ploutos develops and managesstrategies for advisors to use in managing their clients\\u2019 assets. The firmcurrently offers eight portfolios, all in the alternatives space.
Coan began his investment-industry career with a mutual-fundcompany around twenty years ago. From there, he moved to a large and well-knownwire house, where he was tapped for a \\u201cfamily office task force.\\u201d The firmultimately decided not to pursue family office business, but Coan says once hesaw the \\u201cmagic\\u201d of the family office model, he \\u201ccouldn\\u2019t go back to pitchingmutual funds and stocks.\\u201d Coan spun out and started his own RIA firm, and thenfounded Ploutos in 2011 to \\u201cgive back\\u201d to financial advisors who \\u201cweren\\u2019t aslucky\\u201d as he was in discovering the family office model.'