Voth's new titles reflect expanding role in growth-oriented family office. Multifamily office Pitcairn has promoted the head of its wealth-management services Leslie Voth to the positions president and COO, new roles at the firm. She reports to Pitcairn's chairman and CEO Dirk Jungé.

In her expanded role, Voth will concentrate on matters having to do with corporate-level planning and strategic growth in addition to continuing to oversee all client relationships.

"Leslie has a proven track record, not only at Pitcairn where she has helped position the firm for our next phase of growth, but also in the broader financial services field," says Jungé . "As the business of family office grows increasingly competitive, Leslie's knowledge and insights are essential to Pitcairn maintaining its leadership status."

Changes

One element in Pitcairn's positioning for its "next phase of growth" was its recent move away from in-house asset management in favor of an all-outside-manager approach to investment advisory and, in a related move, its launch of a unified managed account program supported by Rockville, Md.-based Fortigent and Seattle-based Parametric.

In another Voth-led initiative, Pitcairn set down internal standards for client service in the name of ensuring a "total wealth-management approach to the family-office experience," according to a Pitcairn press release.

In recent years, Voth has also helped Jenkintown, Pa.-based Pitcairn establish its first satellite offices -- in St. Davids, Pa., four years ago and in Vienna, Va., in 2006 -- as initial moves in a measured campaign to establish a small national network of offices.

In addition, Voth is a guiding light of Pitcairn's Women's Forum, an education program crafted for female wealth holders.

Before joining Pitcairn in 1993, Voth worked at Philadelphia-based Meritor Financial Group (now part of Bank of New York Mellon).

Pitcairn's roots go back to 1923 when it was established to manage the financial affairs of the descendents of John Pitcairn, a Scottish immigrant to the U.S. who made a fortune manufacturing plate glass as that material -- formerly reserved for fancy store fronts -- was becoming ubiquitous in skyscraper construction.

In the late 1980s, part of the Pitcairn family launched Pitcairn Trust as a commercial family office. The business was re-organized as Pitcairn Financial Group in 2005.

As of late 2007, Pitcairn supervised about $4 billion in client assets. -FWR

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