Emigrant taps Kenneth Eyler from Cresset to enhance family office capabilities

Emigrant Bank has added Kenneth Eyler as managing director to bolster its family office services division, continuing its strategy to support ultra-high-net-worth clients and the independent wealth management firms served by its affiliates, including Emigrant Partners.

According to a statement released on Tuesday, Eyler will work alongside Liz Nesvold, vice chair of Emigrant Bank, and Mark Rogozinski, managing director and head of family office services, to expand the bank’s capabilities.

Nesvold joined Emigrant Partners' leadership in February last year.

Eyler's hiring marks a deepening of Emigrant Bank’s efforts to grow its influence among RIAs and family offices, particularly those seeking long-term structural planning and operational support.

Eyler joins from Cresset, where he was managing director of family office services. His earlier roles include CEO of Aquilance, a financial administration platform for wealthy families, and member-in-charge of the family office practice at advisory firm Arthur Bell. With more than 30 years of experience, he is known for his hands-on work with both single- and multi-family offices.

Nesvold was also previously part of Cresset's leadership, serving as the family office and private investment firm's first president after a managing director role at Raymond James.

"Ken is a rare talent – humble, principled, and deeply experienced in the inner workings of family offices," Nesvold said in a statement on Tuesday. "He brings both empathy and precision to his work, and his leadership will help us deliver even greater value to the families and advisors we support."

Rogozinski added, "Ken and I have known each other for years, and I've long admired the thoughtful and measured way he approaches complex challenges."

Founded in 1850, Emigrant Bank is the largest privately held, family-owned bank in the US and has grown to include wealth-focused platforms such as Emigrant Partners and Fiduciary Network.

Separately, private equity firm Great Hill Partners announced that Stacey DeVoe has joined as head of talent.

The hiring announcement comes shortly after Great Hill acquired a minority stake in Mission Wealth, a California-based RIA with more than $10.7 billion in assets under management. The partnership, coinciding with the firm's 25th anniversary, was positioned as a move to accelerate Mission Wealth’s national expansion and organic growth efforts.

DeVoe, who was most recently global practice leader for executive recruiting at Google, will oversee executive hiring across Great Hill’s portfolio companies. She brings more than 25 years of experience in leadership strategy and recruiting.

"We recognize exceptional talent can have a compounding impact on a company’s value over time,” said Mike Thompson, Great Hill's recently promoted managing director and head of its growth team. “As an expert in talent strategy with a track record of building strong leadership teams, Stacey will be a key resource for the firm and our portfolio of high-growth companies."