Bel Air Investment Advisors, a Los Angeles-based wealth management advisory firm, has opened its second office in San Francisco, California.

The launch is part of the company’s expansion plan that will include several regional office openings.

The company said it aims to better serve its expanding portfolio of Bay Area clients through the new office.

The new office will be spearheaded by Darell Krasnoff, currently designated as the firm’s senior managing director.

Commenting on the opening of new office, Krasnoff said: "The Bay Area is home to perhaps the fastest growth in ultra high net worth individuals in the U.S., if not the world."