A decade, six milestones
Growth was never the goal — it was the byproduct. Each chapter of Hawalad began the same way: clients asked for something we did not yet do, and we built it properly.
Hawalad is founded in Minneapolis
Hassan Ahmed leaves a decade in community banking to build a firm that pairs neighborhood trust with institutional discipline. First office: one room, two desks, and a conviction that good advice should not require a private-banking minimum.
Loan financing arm opens
Begins structuring secured loans for families and small businesses overlooked by traditional lenders — transparent terms, no prepayment traps, underwriting that looks at the whole picture.
$500M under management
Crosses half a billion in client assets during the most volatile year in a generation — without a single forced liquidation across discretionary portfolios.
Project financing division
A dedicated team for housing, energy, and infrastructure — taking projects from feasibility study through capital structuring to financial close.
Treasury & wealth launches
Cash, reserves, and long-horizon wealth planning brought under one roof — so operating businesses and families manage liquidity with the same discipline as investments.
$2.4B under management
Today: 340+ projects financed, 40+ advisors and specialists, clients across a dozen markets — and the same one-room standard applied to every mandate.