Rockefeller Capital Administration, New York, NY.
Courtesy of Peter Aaron Architectural Pictures
Rockefeller Capital Administration employed a five-person staff from
UBS
,
including to the spate of hires the wealth supervisor has made since launching in 2018.
The ex-UBS advisors joined Rockefeller in Austin, increasing the agency’s presence in Texas, the place it at present has 13 different groups within the state.
The brand new hires embody advisors Alex Ladage, Landon Smith, and Jorge Garcia in addition to senior consumer associates Monica Vallejo and Carl Pavlich. The staff reviews to Michael Armondo, Rockefeller’s central division director, the agency mentioned.
Ladage, Smith, and Garcia had labored at UBS since 2009, based on BrokerCheck, a public database maintained by trade self-regulator Finra. Earlier than becoming a member of UBS, they labored at Merrill Lynch.
Ladage was ranked amongst Barron’s Prime 1,200 Monetary Advisors for 2021, when he was listed as having staff belongings beneath administration of roughly $1.4 billion.
“As we’ve expanded the attain of Rockefeller throughout america, we see important alternative to ship premium and differentiated wealth administration companies to purchasers and prospects in Better Austin and past,” mentioned Christopher Dupuy, co-president of Rockefeller World Household Workplace.
A spokesman for UBS declined to touch upon the staff’s departure.
Rockefeller Capital Administration has its roots within the household workplace of tycoon John D. Rockefeller, which was based in 1882. The agency caters to ultrahigh-net-worth and high-net-worth people and households, establishments, and companies. It has grown, partly, by recruiting giant advisor groups from the wirehouses. The enterprise is led by a number of former wirehouse executives, together with CEO Greg Fleming, who beforehand served as president of
Morgan Stanley Wealth Administration
.
As of Dec. 31, Rockefeller Capital Administration was accountable for roughly $97.7 billion in consumer belongings throughout its three companies: Rockefeller World Household Workplace, Rockefeller Asset Administration, and Rockefeller Strategic Advisory.
Write to Andrew Welsch at [email protected]
