Office address: 10 Sterling Blvd, Suite 402, Englewood, NJ 07631
Website: pathstone.com
Year established: 2010
Company type: financial services
Employees: 775+
Expertise: investment advisory, wealth management, tax strategy and compliance, estate and trust planning, portfolio management, family governance and legacy planning, philanthropy and purpose-driven investing, risk management and cybersecurity, business and transaction advisory
Parent company: Pathstone Holdings LLC
Key people: Matthew Fleissig (CEO), Rahul Agrawal (president), Jessica Reed Saouaf and Eric Alt (co-CIOs), Michelle Johnston (CFO), Tricia Overdyke (COO), Laura Gray (chief of staff)
Financing status: private equity-backed
Pathstone is a privately held wealth management firm and registered investment advisor based in Englewood. It provides investment, tax, estate, and family governance services to ultra-high-net-worth families and institutions. The company has more than 775 team members and over $170 billion in aggregate assets as of 2025.
Pathstone started in 2010 when co-founders Matthew Fleissig, Steve Braverman, and Allan Zachariah built it as a partner-owned multi-family office.
The company offered tax, accounting, and property management services as an independent multi‑family office rather than a bank or brokerage. It began with about $1 billion in assets and a handful of ultra-high-net-worth client families.
What followed was a decade of deals that changed the company from the ground up. It acquired Veritable LP in 2023, one of the oldest multi-family offices in the country.
It then merged with Hall Capital in 2024, a bicoastal wealth advisory firm. It grew its total assets from $1 billion at launch to well past $100 billion in just 14 years.
The firm's track record also showed up in industry rankings during this stretch. It ranked 15th on the 2024 InvestmentNews Fastest-Growing Fee-Only RIAs list in the $1+ billion category. The list's 74 fee-only firms averaged 210.3 percent growth over three years, and Pathstone's spot proved its strategy was working.
The company also made the 2025 InvestmentNews Top Independent High-Net-Worth Advisors list in the Northeast region. The merit-based ranking, now in its second year, uses SEC filings and ownership data to identify top independent firms. Organizations on the list must manage at least $100 million in assets and operate without any broker-dealer ties.
The company wasn't just adding firms to grow its total assets during this time. It acquired Advisor Partners in 2022, a direct indexing firm, which rebranded to Concentric Innovation in 2025 to sharpen its focus. The move gave Pathstone a stronger set of tools for tax-optimized and custom portfolio management.
Pathstone brings investment, tax, estate, and lifestyle services together under one open-architecture platform for ultra-high-net-worth clients:
Pathstone also provides dissolution services, business and transaction advisory, and health and global care planning. A 40+ person research team and a single investment committee support all client portfolios.
The company describes its culture as one built on service, not selling. It does this through internal committees and initiatives led by team members. The firm organizes its approach around five core values:
Pathstone calls its employees "Pathstonians." To support them, its benefits program covers several areas:
The company's open roles also span client service, investment research, and operations. It seeks "analytical thinkers" who can build multigenerational client trust and manage internal systems.
Matthew Fleissig is co-founder and CEO of Pathstone. Fleissig previously worked at Harris myCFO Investment Advisory and at The Ayco Company. He studied economics at Muhlenberg College and completed an MBA in finance at Fairleigh Dickinson University.
Fleissig leads Pathstone with the support of several senior leaders:
Each leader handles a different part of the firm's operations. Their roles cover investment, finance, strategy, and day-to-day management.
The company hired Eddie Brown, a veteran of Citi, Schwab, and Fidelity, as chief growth officer in late 2024. Pathstone takes what Brown calls an "inside out" approach to growth, starting with talent and technology. It plans to strengthen its team, invest in AI, and apply lessons from its 15+ past acquisitions.
The firm's growth ambitions don't stop with its latest leadership moves. Pathstone aims to become a trillion-dollar organization, Fleissig told InvestmentNews in 2026. The firm plans to get there by adding services, investing in AI, and pursuing more deals.
The lawsuit comes amid a string of recent cyberattacks against wealth firms including Mercer Advisors, Edelman Financial Engines, Beacon Pointe, CW Advisors, Betterment, Pathstone, EP Wealth, Cetera and Ameriprise.
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