Rockefeller Capital Management continues expansion as more wealth advisors join the team

Rockefeller Capital Management continues expansion as more wealth advisors join the team
Firm has big plans for growth, acquisitions.
AUG 14, 2023

Rockefeller Global Family Office, the wealth management arm of Rockefeller Capital Management, has announced that it has added Angela Mwanza, Jordan Powell and their four-person team, known as Oryx Legacy Partners, to its ranks.

With over 23 years of expertise in guiding ultra-wealthy families, Angela Mwanza was co-founder of UBS Group AG’s Evergreen Wealth Management. Zambian-born Mwanza claims to have been an early adopter of sustainable and impact investments. “Renewable energy, sustainable agriculture, health tech, or how we can reduce carbon emissions and impact climate change — these are topics that are very unifying across generations, and often the conversation is driven by the younger generation,” she told IN in an interview.

Mwanza was at UBS Private Wealth Management for 15 years, where she held the title of private wealth advisor and was among a select group of family office consultants. Her earlier career includes stints at Lehman Brothers Private Investment Management, Fleet Private Client Services, and J.P. Morgan Private Bank. In addition to her financial achievements, she holds an M.B.A. from Cornell University and an M.A. in linguistics from the University of Konstanz, Germany.

Mwanza's philanthropic activities include her roles on the board of directors for both Jumia, an African e-commerce platform, and Summit Junto. She is a leading figure in climate solutions, serving on the Board of Directors for Grace Farms Foundation and Project Drawdown, as well as an advisory position on Pharrell’s YELLOW Advisory Council.

Jordan Powell, another key addition, boasts over 17 years in financial services. Prior to joining Rockefeller, he served as a vice president in global equities, commodities and derivatives at BNP Paribas. Powell is a chartered financial analyst and holds degrees from Indiana University and New York University's Stern School of Business.

Mimi Kuo-Chin Shih, a private advisor with nine years of industry experience, joins Mwanza and Powell, rounding out the team with her own expertise in advising high-net-worth individuals.

The Oryx Legacy Partners also includes Wenyi "Jason" Wang, CFA, Vice President and Wealth Manager; Przemyslaw "Shem" Filipek, Associate Vice President and Wealth Manager; and Allissa Purkey, Senior Client Associate.

Christopher Dupuy, co-president of Rockefeller Global Family Office, expressed the firm’s excitement over the new additions, saying, "Angela and her team are widely recognized as being among the industry’s leading purpose-driven wealth management professionals, and we are pleased to welcome them to Rockefeller."

Earlier this year, Rockefeller added  San Francisco-based Marchetti Porter Wealth Partners with $1 billion in client assets and $2.3 billion Liberty Wealth Partners to its stable.

Rockefeller Capital Management was established five years ago and announced big growth plans last year, when CEO Greg Fleming said that the firm was planning to add up to 115 new teams. Much of the planned expansion will be focused in places that have seen an influx of wealthy residents in recent years, partly because of migration from urban areas like New York and Chicago. Cities such as Charlotte, North Carolina, Austin, Texas, and Nashville, Tennessee, where Rockefeller opened an office last year, “are clear growth centers,” Fleming said in an interview.

In April this year, the firm said it had sold a 20.5% stake for $622 million, putting its valuation in the neighborhood of $3.1 billion.

Latest News

SEC bars ex-broker who sold clients phony private equity fund
SEC bars ex-broker who sold clients phony private equity fund

Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.

The key to attracting and retaining the next generation of advisors? Client-focused training
The key to attracting and retaining the next generation of advisors? Client-focused training

From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.

Chuck Roberts, ex-star at Stifel, barred from the securities industry
Chuck Roberts, ex-star at Stifel, barred from the securities industry

"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.

SEC to weigh ‘innovation exception’ tied to crypto, Atkins says
SEC to weigh ‘innovation exception’ tied to crypto, Atkins says

Chair also praised the passage of stablecoin legislation this week.

Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest
Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest

Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.