Ex-Hedge Fund Adviser Bets on AI-Backed Consultancy for Rich (1)

When Tony Cowell retired in 2023 from a three-decade career advising private equity and hedge funds from the Cayman Islands at KPMG LLP, AI was still relatively nascent.

Three years on, with agentic artificial intelligence talk dominating boardrooms and dinner tables, he’s back. Cowell is betting on a new financial and strategy advisory firm catering to the next generation of wealthy families, underpinned by AI tech. His model will give clients deeper access to senior leaders, bypassing what he says are the traditional layers of junior staffers at larger consulting firms.

“If the technology hadn’t moved on I may ...