Rockefeller Financial, a wealth and investment management services firm, has named Reuben Jeffery III as its new CEO, this according to an announcement yesterday.
In his new position, Jeffrey will assume responsibility over the New York-based company, which also has offices in Boston, Washington, D.C., Connecticut and Delaware, as well as its four businesses. He will also oversee the subsidiaries Rockefeller Wealth Advisors, Rockefeller Asset Management, Rockefeller Capital Partners and Rockit Solutions, a July 27 press release said.
Previously, back in September 2009, Rockefeller Financial placed Austin Shapard, its president and chief operating officer, in charge of daily duties following the death of its CEO James McDonald, according to published reports. Since this occurrence, the firm was said to be searching for a suitable replacement, which it says it has now found in Jeffery.
“We are very pleased to have Reuben Jeffery lead Rockefeller Financial into the next decade,” Colin Campbell, chairman of the Board, said in his comments. “His broad range of global financial knowledge, risk management expertise and executive leadership, alongside his commitment to excellence and reputation for integrity, make him ideally qualified for this role.”
IMW's attempts to confirm last year’s staffing changes at the firm were unsuccessful, as calls were not immediately returned.
Prior to joining the 31-year old firm, Jeffery was a senior adviser at the Washington, D.C.-based Center for Strategic and International Studies. He also held posts in the U.S. Government under the Secretary of State for Economic, Energy and Agricultural Affairs. Additionally, he was a former chairman of the U.S. Commodity Futures Commission, and previously spent 18 years at Goldman Sachs as a managing partner at its Paris location and as a member of its London-based European Financial Institutions Group.
Currently, Rockefeller provides “comprehensive wealth and investment management services” to high-net-worth individuals, families, family offices, trusts, foundations and endowments. As of June 30, it had roughly $25 billion in assets under administration.