Robertson Stephens, a renowned wealth management firm, has announced the launch of a dedicated family office service tailored for ultra-high-net-worth clients. This initiative is designed to address the intricate financial needs of families that surpass the capabilities of traditional multi-family offices. The firm has appointed Bruce Stewart, a seasoned financial executive with over 25 years of experience, as the Head of Family Office to lead this specialized practice.
Stewart's extensive background includes founding Spartan Risk Solutions, where he managed $23 billion in wealth for four families, and holding pivotal roles such as global head of investments at Bank of New York Family Office and President of BNY Mellon Canada. His expertise is expected to drive the development of customized wealth management solutions for clients with complex portfolios.
Raj Bhattacharyya, CEO of Robertson Stephens, underscored the strategic significance of this new service. He pointed out that it enables clients to access bespoke wealth management solutions without the hefty initial and ongoing costs typically involved in setting up a single-family office. This approach not only makes high-quality financial services more accessible but also ensures that clients receive personalized attention and strategies that align with their unique financial goals.
Stewart elaborated on the service's unique value proposition, noting that many families have evolved beyond the scope of traditional multi-family office platforms yet are reluctant to establish their own family office. Robertson Stephens' new offering is designed to fill this gap by providing sophisticated investment management and tailored financial strategies within a fiduciary framework that places client interests at the forefront.
This expansion of Robertson Stephens' wealth management services signifies a commitment to delivering institutional-quality investment solutions. By focusing on the specific needs of ultra-high-net-worth families, the firm aims to set a new standard in personalized financial management. For more information on Robertson Stephens and their services, visit https://www.robertsonstephens.com.
