Wealth management firm Robertson Stephens has introduced a specialized family office service designed to address the complex financial needs of select ultra-high-net-worth clients. By hiring Bruce Stewart as Head of Family Office, the firm aims to provide sophisticated investment management solutions for families seeking more personalized wealth strategies.
Stewart, bringing over 25 years of experience in family office management, will develop a practice targeting families that have surpassed traditional multi-family office capabilities but are not prepared to establish a full single-family office. His prior experience includes managing $23 billion in wealth for four families and serving as global head of investments for Bank of New York Family Office.
CEO Raj Bhattacharyya emphasized the strategic importance of this service, noting that it offers clients access to unique, high-value services without the substantial expenses typically associated with single-family offices. The new offering represents a targeted approach to wealth management that bridges existing market gaps.
The launch reflects a growing trend in wealth management where ultra-high-net-worth families seek more customized, flexible financial solutions. By providing specialized investment expertise and tailored services, Robertson Stephens is positioning itself to meet the evolving demands of sophisticated investors who require nuanced, comprehensive wealth strategies.
