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."
The deal gives Envestnet institutional-grade trading and tax technology alongside Vestmark's advisory client base
The AI-driven RIA has doubled its advisor base to over 150 this year and is on pace to top $100M in annual recurring revenue
New trading tools let advisors execute and rebalance client portfolios directly, while firms retain permission-based control.
New ADP-delivered solution gives small and mid-size businesses access to 3(38) fiduciary oversight and participant-level advice for one fee.
Boston Hill Advisors joins Hightower's national platform as the mega-RIA's latest Massachusetts move drives HTSW closer to its $50 billion target for 2026.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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