Emigrant Bank has named Mark Rogozinski as managing director and head of family office services, a newly created position aimed at bolstering the bank’s specialized offerings for family offices and ultra-high-net-worth clients.
In this role, Rogozinski will oversee and coordinate family office solutions across several of Emigrant’s affiliated business units. These include Summitas, a digital collaboration platform for family offices; Personal Risk Management Solutions, a risk advisory firm; Emigrant Bank Fine Art Finance; and the private trust companies Sarasota Private Trust and Cleveland Private Trust.
He will report to Liz Nesvold, vice chair of Emigrant Bank and chair of Emigrant Partners.
"Mark and I always shared a deep respect for each other's work, along with a belief in the importance of integrity, innovation, and client service," Nesvold said in a release announcing Rogozinski's hiring.
Rogozinski will also support the 21 wealth advisory firms that have received minority investments from Emigrant Partners, the bank’s capital and strategic support platform for RIAs.
Most recently, Emigrant Partners took a minority stake in Elevation Point, the RIA platform led by Jim Dickson that holds itself out as a "growth accelerator."
“We like the family office space. Our partners and the families that represent us, they want us thinking 10 to 20 years out, and I think that fits better to what we're doing,” Dickson told InvestmentNews in a recent conversation, touching on the benefits of family office capital versus private equity.
The appointment follows Rogozinski’s tenure at Cresset Capital Management, where he was executive managing director of strategic initiatives. He also previously served as president of Cresset Family Office and held leadership roles at Pitcairn, Rockefeller & Co., HomrichBerg, Atlantic Trust Private Wealth Management, and RockIT Solutions.
"Mark's appointment is an important step in our effort to provide value-added resources to the independent wealth firms with whom we partner," added Nesvold, who joined Emigrant Bank's leadership last year.
With more than two decades of experience in wealth management, fintech, and multi-family office operations, Rogozinski brings a background that aligns with Emigrant’s aim to support advisor-led firms and sophisticated investors through a broad array of services.
Howard Milstein, chairman and CEO of Emigrant Bank, said the addition reinforces the firm’s commitment to long-term strategic leadership. "With Liz and Mark working together, we are building an exceptional leadership team to support the next generation of advisor-led firms," he said.
Founded in 1850, Emigrant Bank is the largest privately held, family-owned bank in the US. Through Emigrant Partners and its family office affiliates, the institution continues to deepen its involvement in the independent wealth management sector.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
