Bessemer Trust is a private wealth management firm founded in 1907 by Henry Phipps, a partner in Carnegie Steel. This is their headquarters, in New York City. They have 22 offices in the United States.
The company initially served as a family office for the Phipps family but has since evolved into a multifamily office specializing in serving individuals, families, and institutions of substantial wealth. Its services include investment management, wealth planning, trust and estate advisory, tax strategy, and family office services. The firm is headquartered in New York City and has additional offices across the United States.
Bessemer Trust is known for its personalized approach, focusing on long-term client relationships rather than sales, with a client-to-employee ratio of approximately 3:1. Its client asset retention rate of 99% over ten years reflects its commitment to service and alignment with client interests. The firm currently manages over $170 billion in assets.
New York
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