Forward Management LLC has bold expansion goals — and it's aiming at bank trust departments to provide part of the growth, according to its president.

The San Francisco company, which has about $3.5 billion of long-term assets under management, has made several moves since the beginning of the year. They include buying a boutique investment firm and taking a stake in another small asset manager with which it plans to launch a mutual fund.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.