Geller hires Harris myCFO chief executive Calabrese

Geller & Co. has hired the former chief executive of one of the country’s largest family office groups to lead its family office and wealth advisory business. Joe Calabrese will serve as the CEO of Geller Family Office Services LLC, a spokesman for the New York-based firm said on Monday. Mr. Calabrese joined the registered investment adviser from Harris myCFO LLC, one of the country’s largest family office groups, which he led until this spring. He had been with Harris for more than a decade. Geller Family Office Services has more than $5 billion in assets under advisement and a team of more than 60 employees focused on investment advisory, tax, estate, trust planning, chief financial officer advisory and concierge services. In an interview, Mr. Calabrese said that his goals include expanding the firm’s advisory platform. “The predominant [share] in the marketplace is dominated by firms whose business models are not built around independent, objective advice,” Mr. Calabrese said. “There’s a gap in the marketplace that we can help to fill.” Martin Geller, who founded Geller & Co. in 1984, had been serving as CEO of Geller Family Office Services after the departure of the previous management team. Mr. Geller will continue as CEO of the parent company.