Robertson Stephens, a San Francisco-based RIA, crossed a significant milestone as it welcomes another practice. The firm has officially surpassed the $5 billion AUM mark with the addition of the Thrush Group, a practice in Westport, Connecticut, that caters to private business owners, corporate executives, and finance professionals.
With this move, Robertson Stephens has further extended its presence in the Northeast to five locations, while building up its national footprint to 19 locations.
The Thrush Group is led by two veteran advisors, William “Bill” Thrush and Meghan Rump, who manage more than $180 million in advisory assets.
Based on Thrush and Rump’s most updated disclosures to the SEC, the two were affiliated with Hightower Advisors before moving to Robertson Stephens. Their records show their time in the industry also included stints at Merrill Lynch and UBS.
“I couldn't be more excited to welcome Bill and Meghan to Robertson Stephens," Robertson Stephens CEO Raj Bhattacharyya said in a statement. “Their holistic approach to client service and sophisticated investment offering, including a deep knowledge of the alternative asset space, are a perfect fit within our firm.”
“This move allows Meghan and me to provide our clients with a differentiated approach to private investments, and deliver a comprehensive wealth planning offering, and puts us in a position to grow well into the future,” Thrush said. “I look forward to establishing the firm's presence in Connecticut and working with my colleagues nationwide."
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