Robertson Stephens, an independent wealth management firm, has introduced a specialized family office service designed to meet the complex financial needs of ultra-high-net-worth clients. The new offering, led by experienced financial executive Bruce Stewart, aims to bridge the gap between traditional multi-family offices and full single-family office structures.
Stewart, who brings over 25 years of expertise in family office management and investment strategy, will serve as the Head of Family Office. His background includes leadership roles at prominent financial institutions such as Bank of New York Family Office and Toronto Dominion Bank, where he managed billions in assets and developed comprehensive investment solutions.
The new service targets families with sophisticated financial requirements who have outgrown standard multi-family office platforms but are not prepared to establish a dedicated single-family office. By offering a specialized approach, Robertson Stephens provides clients with enhanced investment capabilities and strategic guidance without the substantial financial commitment typically associated with a standalone family office.
Robertson Stephens CEO Raj Bhattacharyya emphasized the strategic importance of this service expansion, noting that it represents a unique opportunity for clients to access high-value financial management solutions. The family office will leverage Stewart's extensive experience in developing customized investment strategies and managing complex wealth portfolios.
Prior to joining Robertson Stephens, Stewart founded Spartan Risk Solutions, a consultancy that managed $23 billion in wealth for four families. His professional trajectory includes significant leadership roles in investment management and strategic wealth planning, positioning him as a key figure in delivering sophisticated financial services.
The launch of this specialized family office service reflects a growing trend in wealth management toward more personalized, flexible approaches that can adapt to the evolving needs of high-net-worth families. By offering a middle ground between traditional multi-family and single-family office models, Robertson Stephens is positioned to attract clients seeking more comprehensive and tailored financial solutions.
Stewart expressed enthusiasm about the opportunity to develop a practice that addresses the nuanced requirements of families with complex financial landscapes. The new service represents a strategic response to the increasing demand for more sophisticated, adaptable wealth management approaches in the ultra-high-net-worth market.
