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

Treasury unveils Trump Accounts fund lineup led by BlackRock, Vanguard, and State Street
Treasury unveils Trump Accounts fund lineup led by BlackRock, Vanguard, and State Street

Five low-cost index ETFs to anchor Trump Accounts as advisors weigh options against 529 and UTMA plans for clients

House panel unanimously advances advisor compensation reform bill
House panel unanimously advances advisor compensation reform bill

A bipartisan proposal aimed at aligning advisor compensation rules with modern business structures is headed to the full House.

Vanilla, WealthFeed land new RIA partnerships
Vanilla, WealthFeed land new RIA partnerships

Vanilla is extending its estate planning tech to Callan Family Office's ultra-high-net-worth business, while WealthFeed's organic growth engine will now be available to roughly 100 advisors at The Mather Group.

As Trump Accounts prep for July 4 launch, Franklin Templeton plans $1,000 match
As Trump Accounts prep for July 4 launch, Franklin Templeton plans $1,000 match

“We are helping families take an important first step toward building a financial foundation for the next generation,” said Franklin Templeton CEO Jenny Johnson

Savant Wealth Management enters Maine with latest acquisition
Savant Wealth Management enters Maine with latest acquisition

Richard Brothers Financial Advisors joins the fee-only RIA, adding its first Maine office and $240 million in client assets

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

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.