Robertson Stephens, a wealth management firm, has announced the launch of a specialized family office service aimed at addressing the intricate financial requirements of ultra-high-net-worth individuals. This new initiative is spearheaded by Bruce Stewart, a seasoned professional with over 25 years of experience in family office management, who has been appointed as the Head of Family Office at Robertson Stephens. Stewart's extensive background includes significant roles at Bank of New York Family Office and Toronto Dominion Bank, where he was responsible for managing billions in assets.
The introduction of this service is a strategic move by Robertson Stephens to fill a niche in the market, offering a tailored solution for clients who find traditional multi-family office platforms insufficient but are not ready to commit to the establishment of a single-family office. CEO Raj Bhattacharyya highlighted the service's ability to provide bespoke wealth management solutions without the hefty costs typically associated with single-family offices. This approach not only makes sophisticated financial management more accessible but also positions Robertson Stephens as a leader in innovative wealth management solutions.
Bruce Stewart's previous venture, Spartan Risk Solutions, where he managed $23 billion in wealth for four families, underscores his expertise in crafting and implementing advanced financial strategies. The new family office service at Robertson Stephens is designed to leverage this expertise, offering clients a blend of flexibility, specialized capabilities, and comprehensive financial management. This service is particularly relevant for families whose wealth and financial needs have evolved beyond the scope of conventional services, requiring more nuanced and sophisticated strategies.
By launching this specialized family office service, Robertson Stephens is not only expanding its service portfolio but also reinforcing its commitment to meeting the diverse and complex needs of high-net-worth clients. This initiative reflects the firm's understanding of the changing dynamics in wealth management and its dedication to providing innovative solutions that cater to the upper echelons of the financial spectrum. For more information on Robertson Stephens and its services, visit https://www.robertsonstephens.com.
