Family Office
New US Family Office Firm Is Launched
The new organization has been founded by two senior figures from the Abbot Downing business which was renamed last year by parent Wells Fargo.
A new family office, taking the Callan name, has been
launched by former Abbot Downing senior executives Jack Ginter
and Amy Jucoski.
Callan Family
Office has been founded with the objective of “providing
highly-customized solutions to meet the financial needs of
ultra-high net worth families, foundations, and endowments”, it
said in a recent statement.
The firm will draw on the investment insight, research, and
educational resources of Callan LLC, the investment consulting
firm with more than $3 trillion in assets under advisement.
Ginter, a former Abbot Downing
president, will be Callan Family Office chief executive and
founding partner. Jucoski, a former Abbot Downing senior director
of planning, who is joining as head of legacy and wealth
planning, is also a founding partner. (Last year Wells Fargo
announced that it was rebranding its Abbot Downing business to
move under the Wells Fargo Private Bank brand.)
"There have been a lot of changes in the wealth management
industry in the past decade as the large banks and brokerages
have re-prioritized their focus away from this space, presenting
an opportunity for a new entrant," Ginter said.
Callan Family Office has agreements with Callan LLC to use the
Callan ® tradename in providing investment advisory services to
the UHNW market segment.