People Moves
AlTi Adds To Team With Ex-Bessemer Trust Figure
The enlarged firm has made a number of moves, such as its expansion into the Asia-Pacific market.
AlTi, the multi-family office operating around the world, has appointed Murray Stoltz as managing director, senior relationship manager.
Prior to this, Stoltz was principal and senior wealth advisor at Bessemer Trust, where he led the team responsible for presenting client solutions across investment management, wealth planning and family office services.
Stoltz has also worked at Manchester Capital Management, Wilmington Trust, Fiduciary Trust International, Morgan Stanley and First Boston. He serves on the board of directors of the Harlem Center for Education, a non-profit organization focused on assisting high school students with the college admissions process.
AlTi Tiedemann Global – to give its full name – was born out of the merger earlier this year of US-based Tiedemann Group and London’s Alvarium. The deal, which involved two MFOs, was one of the largest combinations of such organizations in many years. Unlike registered investment advisors, where M&A has been busy, the market for MFO mergers and acquisitions has been relatively quiet.
In the middle of May, the business bought Singapore’s AL Wealth Partners.