Highmount Capital, a multi-family office based in New York and Boston, plans to open an office in Amsterdam by September and to add offices in London and Switzerland over the next year, according to a report in the July 28 issue of Private Asset Management.
Highmount, with some $1.6 billion in total assets, was recently ranked 22nd in Wealth Manager’s 2010 Top Wealth Manager Rankings.
The report said Highmount partners Darcy Bhatia, Steven Hoch, and Maarten van Hengel are leading the foray into Europe, where a quarter of the firm’s business already originates and where it plans to expand. It will focus on wealthy families seeking support for their businesses as well as those needing estate and tax planning and philanthropic and foundation management.
Michael S. Fischer ([email protected]) is a New York-based financial writer and editor and a frequent contributor to WealthManagerWeb.com.