Rockefeller & Co. hires wealth adviser

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.