Yankees great Derek Jeter joins board of Rockefeller Capital Management

Yankees great Derek Jeter joins board of Rockefeller Capital Management
Jeter, whose teams won five World Series, retired from baseball after the 2014 season and is currently the CEO of the Miami Marlins.
APR 07, 2021

Rockefeller Capital Management, a fast-growing wealth management startup, said on Wednesday that Derek Jeter, the former Yankees captain and a member of the baseball Hall of Fame, had joined its board of directors.

Jeter, whose teams won five World Series, retired from baseball after the 2014 season and is currently the CEO of the Miami Marlins.

A veteran of Merrill Lynch and Morgan Stanley, Greg Fleming, president and CEO of Rockefeller Capital Management, launched the firm in 2018 after acquiring its predecessor, the private multifamily office Rockefeller & Co.

Since then, the firm has been on a growth spurt, taking advantage of the steady flow of wirehouse advisers leaving banks to open their own registered investment advisers or join startups run by industry veterans like Rockefeller. At the start of the month, Rockefeller Capital Management said it had hired its fifteenth team in the past three years.

“I have long respected what Greg and his team have built, and, as a client, deeply understand the value of the financial advice and strategic counsel Rockefeller provides,” Jeter said in a statement. “I look forward to expanding my relationship with the firm and bringing my perspective to this impressive group of board members."

Latest News

No succession plan? No worries. Just practice in place
No succession plan? No worries. Just practice in place

While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.

Research highlights growing need for personalized retirement solutions as investors age
Research highlights growing need for personalized retirement solutions as investors age

New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.

Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones
Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones

With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.

Insured Retirement Institute urges Labor Department to retain annuity safe harbor
Insured Retirement Institute urges Labor Department to retain annuity safe harbor

A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.

LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors
LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors

"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.

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.