Robertson Stephens Expands Services with Specialized Family Office for Ultra-High-Net-Worth Clients

Robertson Stephens has launched a specialized family office service designed to meet the complex financial needs of ultra-high-net-worth clients, targeting a niche market between multi-family and single-family office models.

Bruce Stewart, a seasoned financial executive with over 25 years of experience, will lead the new practice as Head of Family Office. Stewart brings extensive expertise from previous leadership roles at Bank of New York Family Office, BNY Mellon Canada, and Toronto Dominion Bank, where he managed billions in assets.

The new service addresses a significant gap in wealth management, offering clients sophisticated investment strategies and comprehensive financial solutions without the substantial overhead costs typically associated with establishing a dedicated single-family office. Raj Bhattacharyya, CEO of Robertson Stephens, emphasized that this offering provides unique value beyond standard private banking services.

Stewart's background includes founding Spartan Risk Solutions, where he managed $23 billion in wealth for four families. His expertise positions Robertson Stephens to deliver specialized investment management and strategic financial planning for clients with increasingly complex wealth requirements.

This strategic expansion reflects a growing trend in wealth management, where high-net-worth families seek more personalized, flexible financial services that can adapt to their evolving economic landscapes. By bridging the service gap between traditional multi-family and single-family offices, Robertson Stephens aims to provide a compelling alternative for sophisticated investors seeking comprehensive, tailored wealth management solutions.