Rockefeller & Co. hires wealth adviser

Matthew Gelfand, former Fed hand, signs on with family office firm
JUL 27, 2010
Rockefeller & Co., Inc. has hired a new wealth adviser for its Washington office, the $25 billion family office firm said today. Matthew D. Gelfand, an economist who started his career at the Federal Reserve, comes to Rockefeller from Potomac Asset Management, where he was a managing director. At Potomac, Mr. Gelfand handled portfolio management for various clients and analyzed the economic outlook and capital markets. He has also held other investment positions at various financial firms, including Lynx Investment Advisory LLC, MDG Financial Advisors LLC and Calvert Asset Management Co. “Washington is an important market for us, and we expect that Matt will work actively with teams across all of our offices,” David Lilly, a spokesman for Rockefeller, said. Rockefeller has a total of five offices around the country, including Washington and New York, Boston, Stamford, Conn., and Wilmington, Del. Overall, the firm has about 234 employees, who work across its units, Rockefeller Wealth Advisors, Rockefeller Asset Management, Rockefeller Capital Partners, and Rockit Solutions LLC, its financial reporting subsidiary.

Latest News

Mesirow acquires part of flexPATH in second retirement deal of 2026
Mesirow acquires part of flexPATH in second retirement deal of 2026

Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.

Advisor moves: LPL lands $350M veteran advisor duo in Florida
Advisor moves: LPL lands $350M veteran advisor duo in Florida

Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.

SEC accuses crypto firm founder of running $425 million Ponzi scheme
SEC accuses crypto firm founder of running $425 million Ponzi scheme

It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.

MassMutual Ascend tops $2 billion in RIA annuity sales as advisors warm to income products
MassMutual Ascend tops $2 billion in RIA annuity sales as advisors warm to income products

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.

Fintech bytes: Wealth tech firms target advisor productivity with new integrations
Fintech bytes: Wealth tech firms target advisor productivity with new integrations

Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

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