21 North Advisors

Overview

21 North Advisors describes itself as a multi family office based in Bahrain.¹ The firm says it specializes in conservative portfolios for a select group of wealthy families.¹ Its stated mission is to protect and grow clients’ assets through portfolios designed for each family.¹ The firm states that it is regulated by the Central Bank of Bahrain.²

History

Bahrain Banks Directory 2022 lists 21 NORTH ADVISORS W.L.L. under “Investment Bank, Category 3.”³ Bahrain Banks Directory 2024 lists 21 NORTH ADVISORS W.L.L. under “Investment Firm, Category 3.”⁴ A Bahrain business directory states that 21 North Advisors W.L.L. was established on 11 April 2008, although the founding date is not verified on the firm’s own website.⁵

Timeline

1. 2008was established on 11 April 2008, although the founding date is not verified on the firm’s own website.
2. 2022Bahrain Banks Directory 2022 lists 21 NORTH ADVISORS W.L.L.
3. 2024under “Investment Bank, Category 3.” Bahrain Banks Directory 2024 lists 21 NORTH ADVISORS W.L.L.

Leadership

The reviewed sources do not provide named leaders and published titles.

Services

The firm begins each relationship by spending significant time understanding a family’s investment objectives and building a future roadmap.⁶ It then develops a portfolio around the family’s investment horizon, risk profile, liquidity needs and geography.⁶

The stated investment process includes custom investment planning, asset allocation, open architecture and alternative investments.⁷ The firm jointly agrees a mandate with each client.⁸ It recommends a global custodian when a family does not already have one.⁹ According to the firm, global custodians can consolidate statements for assets held with outside institutions, provide institutional type services and pricing, and allow clients to trade with counterparties worldwide.⁹

The firm says its team has a strong background in alternative investments and in selecting managers and opportunities.¹⁰ Its asset allocation process first selects a suitable blend of asset classes and then selects managers for each asset class.¹¹ The firm does not pick individual stocks or bonds. It monitors and selects managers it considers best and fee efficient for each asset class.¹¹ For liquid markets, it typically favors index tracking funds.¹¹

What the firm offers

• Private and alternative investments

Client focus

The firm works with wealthy families seeking conservative portfolio management.¹ Its process is built around each family’s objectives, time horizon, risk profile, liquidity requirements and geography.⁶ Clients specify guidelines to the custodian, which the firm says creates a second level of control.¹²

Investment philosophy and approach

The firm says the first aim is to protect wealth and then grow it according to each client’s investment objectives.¹³ It describes its portfolios as well diversified, designed to manage risk and seek above average risk adjusted performance.¹³

The firm says it uses an open architecture platform to select products for clients rather than choosing products that pay the highest retrocessions or commissions.¹⁴ It states that clients are its only source of revenue, that it does not distribute products or white label products, and that it does not accept retrocessions or commissions from funds in which it invests.¹⁵

Under its relationship framework, accounts remain in the client’s name.⁸ The firm states that it does not commingle funds between clients.⁸ It never has power of attorney over client accounts and cannot transfer money out of an account.⁸ The relationship is cancellable at any time.⁸ The firm periodically meets clients to review and reassess their goals so portfolios continue to follow their objectives.¹³

FAQs

Related resources

• LocationMultifamily offices in Manama

  This page helps compare multifamily offices operating in Manama and the wider Bahrain market. It gives a wealthy family or business owner regional context when considering private and alternative investment services from a Bahrain based office.

• GuideMultifamily office services

  This overview explains the types of services multifamily offices may provide, including investment management, planning, and private market access. Readers can use it to clarify which services matter for a family seeking conservative portfolio management alongside private and alternative investments.

• Network siteFamilyOffices.com

  FamilyOffices.com offers resources and a community focused on single family offices and wealthy families. Its material can help Bahrain based families compare governance questions, investment priorities, and decision making practices before speaking with a multifamily office.

• GuideMultifamily office fees

  This page outlines how multifamily office fees may be structured and what factors can affect total costs. Reviewing it helps a prospective client frame questions about pricing, investment management charges, and expenses linked to private or alternative investments.

• Similar firmsThe Family Office Company B.S.C.(c)

  The Family Office Company B.S.C.(c) provides a nearby comparison point for readers reviewing firms on this site. Looking at another Bahrain linked provider can help a family identify differences in client focus, service scope, and approach to private investments.

Sources

1. accessed 2026-10-23
2. accessed 2026-10-23
3. accessed 2026-10-23
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7. accessed 2026-10-23
8. accessed 2026-10-23
9. accessed 2026-10-23
10. accessed 2026-10-23
11. accessed 2026-10-23
12. accessed 2026-10-23
13. accessed 2026-10-23
14. accessed 2026-10-23
15. accessed 2026-10-23

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.