Bessemer Trust has named Teresa Principe as a New York-based senior vice president and wealth advisor, reporting to Eric Gies, co-head of the northeast US region.

Bessemer Trust has hired Teresa Principe as a New York-based senior vice president and wealth advisor, reporting to Eric Gies, co-head of the northeast US region.

Principe was a previously a private wealth advisor at Goldman Sachs & Co and worked under former New York State Attorney General Andrew Cuomo in the New York State Office of the Attorney General, Investor Protection Bureau, before that. She began her career in mergers and acquisitions at IAC/InterActiveCorp.

In a similar move earlier this month, Bessemer Trust appointed Ilka Gregory as principal and senior wealth advisor, also reporting to Gies.

Founded in 1907, Bessemer Trust is a privately-owned wealth and investment management firm that focuses exclusively on ultra high net worth families and their foundations and endowments.

The firm oversees $97.5 billion for approximately 2,200 clients.