Lowenhaupt & Chasnoff adds to in-house consulting menu. Tax-law and wealth-management firm Lowenhaupt & Chasnoff sees limits to outsourcing, especially when its high-net-worth clients’ goals and priorities call for coordinated and conflict-free advice. With that in mind the St. Louis, Mo.-based boutique has made several significant hires in recent months.

To bolster its service offering Lowenhaupt & Chasnoff added business consulting and investment consulting to an established family-advice roster that includes tax- and estate-planning, governance structures and relationships with outside service providers. To get these new offerings off the ground it has hired Joseph Rechter, formerly a general partner of private-equity firm Quest Specialty Chemicals, and Donna Gilding, former CIO of institutional asset manager