One of the investment industry's most colourful figures has joined Tai Fook Securities as the group seeks to upgrade its wealth management business. Elsa Pau, former managing director of independent financial advisory firm Allen Perkins, now heads Tai Fook Wealth Management Group in the same capacity. After Ms Pau left the company in mid-2002, one of Allen Perkins major shareholders published a statement saying it had been forced to shut down the firm's investment advisory service because 'they had not been able to find a replacement who matches Ms Pau's vision and her ability to create results'. Allen Perkins drew much attention with its unconventional business model - in addition to its investment advisory service, the group also branched out into coffee making and publishing. Ms Pau was named by Asiaweek as one of the region's most influential women.