Federal Street Advisors announced on Tuesday that it is merging with Pathstone Family Office, a multifamily office that specializes in investments, tax planning and compliance, estate planning, family education and philanthropy.
Federal Street is an independent investment consultant and wealth management firm for individuals, families and nonprofit organizations, and was among ThinkAdvisor’s Top Wealth Managers in 2012.
The new firm will be called Pathstone Federal Street, led by Pathstone’s Matthew Fleissig as president and Federal Street’s Eric Godes and Jennifer Murtie as co-chief operating officers.
Steve Braverman, who comes to the new firm from Pathstone Family Office and will serve as co-CEO, said the merger will expand the firm’s wealth management capabilities and offerings.
“We feel this combination of talents, founded on a strong mutual heritage of multigenerational stewardship and independent advice, will offer broader perspective, deeper services and a robust organization built for the long term,” he said.