Bessemer Trust, the US-based multifamily office, has appointed Timothy McBride as the new head of its Boston office.

McBride was previously a managing director of Northern Trust Corporation, where he has worked since 2005. Prior to that, he spent six years with private bank Brown Brothers Harriman. At Bessemer, he will be supervising the firm's client account management and business development efforts in the New England region. He reports to both Eric Gies and Stephen Watson, the co-heads for the Northeastern US.

Bessemer began as a private wealth management office over a century ago and has been operating as a commercial multifamily office for over 30 years. The company oversees around $60 billion for 2,000 families, individuals, and related entities.