Robertson Stephens has established a specialized family office service designed to meet the complex financial needs of ultra-high-net-worth clients, hiring industry veteran Bruce Stewart to lead the initiative. This strategic move aims to provide a unique wealth management solution for families seeking more comprehensive investment and advisory services.
Stewart, with over 25 years of experience in single-family office development and investment management, brings significant expertise to the role. His previous leadership positions at Bank of New York Family Office and Toronto Dominion Bank demonstrate a proven track record of managing substantial wealth portfolios, having overseen nearly $38 billion in assets.
The new family office offering addresses a specific market gap between traditional multi-family offices and full single-family office structures. Clients can access sophisticated investment strategies and personalized services without incurring the substantial upfront and recurring expenses typically associated with establishing an independent family office.
Robertson Stephens CEO Raj Bhattacharyya emphasized the strategic importance of this service, noting that it provides clients with unique, high-value solutions beyond standard industry offerings. The launch represents a significant expansion of the firm's wealth management capabilities, targeting families with increasingly complex financial requirements.
By creating this specialized platform, Robertson Stephens signals a commitment to innovative wealth management approaches that can adapt to the evolving needs of ultra-high-net-worth clients. The new family office service is positioned to offer a more flexible, cost-effective alternative to traditional wealth management models.
