Robertson Stephens Introduces Specialized Family Office Service for Ultra-High-Net-Worth Clients

Robertson Stephens has introduced a specialized family office service designed to meet the complex financial needs of select ultra-high-net-worth clients. Led by Bruce Stewart, a seasoned financial executive with over 25 years of experience, the new practice bridges the gap between traditional multi-family office platforms and dedicated single-family office structures.

Stewart, previously the founder of Spartan Risk Solutions and a former global head of investments at Bank of New York Family Office, brings extensive expertise in developing sophisticated wealth management strategies. His track record includes managing $23 billion in wealth for four families and leading investment teams overseeing nearly $15 billion in assets.

According to Robertson Stephens CEO Raj Bhattacharyya, the family office service represents a strategic expansion of their wealth management offerings. The new platform provides clients with access to advanced financial services typically unavailable through conventional private banking and multi-family office models, without incurring the substantial upfront and recurring expenses associated with establishing a dedicated single-family office.

The service specifically targets families who have sophisticated financial requirements that exceed standard multi-family office capabilities but are not prepared to create their own comprehensive family office infrastructure. By offering a specialized approach, Robertson Stephens aims to deliver highly customized investment and wealth management solutions that address the nuanced needs of ultra-high-net-worth individuals.

Stewart emphasized the unique positioning of this new service, noting that many families require more complex financial management than traditional platforms can provide. The launch represents an innovative approach to wealth management that combines personalized strategic oversight with cost-effective solutions.

This strategic initiative underscores Robertson Stephens' commitment to evolving wealth management practices and providing tailored financial services for clients with increasingly sophisticated investment portfolios and financial objectives.