NEW YORK, NY -- Evercore Wealth Management today named Wendy Barasch Partner and Head of Business Development. Wendy Barasch joins Evercore Wealth Management from Alliance Bernstein, where she has worked for 20 years, most recently as a managing director in the private client business, responsible for hiring and developing teams of financial advisors. She also led advisor training programs and served as a wealth management advisor, working with high net worth families, small endowments and foundations.
"Private clients and related institutions are increasingly attracted to our standard of independent advice and investment expertise," said Jeff Maurer, Partner and Chief Executive Officer, Evercore Wealth Management. "Wendy's experience will provide valuable support to our investment advisors and enable us to accelerate the growth of our business."
Ms. Barasch will be based in New York and will report directly to Jeff Maurer.
Ms. Barasch is a graduate of Williams College, where she received her Bachelor of Arts degree, and New York University's Stern School of Business where she received her MBA. She will join Evercore Wealth Management at the end of June.
About Evercore Wealth Management
Evercore Wealth Management, LLC, a subsidiary of Evercore Partners Inc., serves high net worth individuals, families and related institutions, delivering customized investment management, financial planning, trust and custody services. Evercore Wealth Management is a registered investment advisor, with offices in New York and San Francisco. The firm, which was founded in November 2008, manages client assets totaling $1.5 billion, as of December 31, 2009.
Additionally, Evercore Wealth Management offers personal trust services to its clients though Evercore Trust Company, N.A., a chartered national trust bank with $20.5 billion in assets under administration, as of December 31, 2009. More information about Evercore Wealth Management and its team of advisors can be found at www.evercorewealthmanagement.com.
About Evercore Partners
Evercore Partners is a leading independent investment banking advisory firm. Evercore's advisory business advises its clients on mergers, acquisitions, divestitures, restructurings, financings and other strategic transactions. Evercore's investment management business comprises wealth management, institutional asset management and private equity investing. Evercore serves a diverse set of clients around the world from its offices in New York, Boston, Houston, Los Angeles, San Francisco, Washington D.C., London, Mexico City and Monterrey, Mexico. More information about Evercore can be found on the Company's website at www.evercore.com
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Aline Sullivan
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