People Moves

Rockefeller Overhauls Senior Leadership

Tom Burroughes Group Editor 5 November 2021

Rockefeller Overhauls Senior Leadership

In the space of four years, the firm has expanded its assets under advisement to $85 billion, and from fewer than 200 to 800 employees.     

(An earlier version of this news story appeared in Family Wealth Report, sister news service to this one.)

Rockefeller Capital Management is overhauling its senior leadership, naming Christopher Dupuy and Timothy O’Hara as co-heads of the Rockefeller Global Family Office, it announced yesterday.

Michael Outlaw has been appointed to a newly-created role as the national field director for the Rockefeller Global Family Office, reporting to Dupuy and O’Hara. 

The US firm also announced that it is hiring Mark Alexander as the head of technology and operations. Christopher Randazzo, president of private wealth management, is stepping away from his leadership role for personal reasons and will serve as special advisor to Greg Fleming, president and CEO of Rockefeller Capital Management, it said in a statement.

“Chris, Tim and Michael all possess decades of wealth management leadership experience and are perfectly suited to lead our next phase of growth, including offering our clients the broadest suite of investment products and family office services in the industry,” Fleming said.

The changes are the most significant since the firm was established four years ago. It now has a total of $85 billion of client assets under advisement. Rockefeller has grown from fewer than 200 employees to 800 in that period, and expanded its footprint from three offices to 31 across the US.

The following appointments are effective immediately:

Dupuy, who joined the firm in 2018 and is the national field director for private wealth management, will become president of PWM and, as previously stated, co-head of the Rockefeller Global Family Office. Prior to this, he spent 29 years with Merrill Lynch, including as national sales manager for Merrill’s 700 branches in the US and Latin America. He was also a managing director and president of Focus Independence, a subsidiary of Focus Financial Partners.

O’Hara will continue to report to Fleming. O’Hara joined Rockefeller in 2019 and, prior to that, spent 23 years at Ayco, a Goldman Sachs company, culminating with serving as the president and CEO of Ayco from 2013 to 2018.

Outlaw, a divisional director in PWM, will report to Dupuy and O’Hara. Outlaw will broaden his focus beyond private wealth management to include the firm’s family office advisory business, supporting Dupuy and O’Hara. Prior to joining the firm in 2018, Outlaw worked for Morgan Stanley in several senior roles, including as Southeastern head of PWM.

Alexander is joining the firm on 3 January 2022, as the head of technology and operations, reporting to Fleming. Alexander previously served as chief information officer and head of technology and operations for Bank of America Merrill Lynch’s Global Markets business and in the same role for their Global Wealth & Investment Management business. He also served in other senior technology and operations roles during a career with Merrill Lynch and Bank of America that spanned more than two decades. 

The business traces its origins to the family office of energy industry tycoon John D Rockefeller. The family office was founded in 1882.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes