Family Office
US Family Office Restructures Wealth Management Leadership
US family office Pitcairn has restructured the leadership roles in its Wealth Management Group with the appointment of four new managing directors. Averill Jarvis, previously head of Pitcairn’s Trust Administration Group, has been promoted to managing director and will now be responsible for overseeing the client services division to ensure product delivery for family wealth management clients. Rebecca Meyer has become managing director, responsible for client strategy. In this role, she will coordinate the discovery process for prospects and clients. She is also responsible for developing new business strategies, including client deliverables and client education initiatives. Brian Hughes has become managing director overseeing Pitcairn’s business development initiatives. His duties include representing the firm in the ultra high net worth arena and developing relationships with multi-generational families and their advisors. Rick Pitcairn has also been promoted to managing director and will assume responsibility for investment strategy and the ongoing management of Pitcairn’s open architecture investment platform. He previously served the Wealth Management Group as client portfolio manager and will continue to oversee the client portfolio management function in his new role. Pitcairn is a privately held multi-family office dedicated to helping clients protect and grow their financial assets and family heritage. Established as a single family office in 1923 to preserve the wealth and resources of the descendants of John Pitcairn, co-founder of Pittsburgh Plate Glass Company, it now has 94 client relationships, including 34 multi-generational families. Pitcairn works with families and their advisors from two offices in Pennsylvania and a third in Virginia.