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Pitcairn tries NY
Pitcairn is using its newly-acquired Shelterwood Financial Services group to troll for business in New York, says Institutional Investor
Pitcairn, the Jenkintown firm (formerly Pitcairn Trust Co.) that manages money for heirs of PPG founder and Bryn Athyn patron John Pitcairn and other clients, wants to expand into New York following its December purchase of the John M. Huber family's Shelterwood Financial Services group, reports Institutional Investor's Private Asset Management newsletter here.
They're looking for people worth $50 million+, willing to pay annual fees starting at $150,000.