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Bessemer Trust's Overview

Total employees1343
HeadquartersNew York
Founded1907

Bessemer Trust is a privately owned and independent multifamily office, renowned for providing comprehensive wealth management services to high-net-worth individuals, families, and foundations for over a century. Founded in 1907 by Henry Phipps, a partner of Andrew Carnegie, the firm was originally established to manage his family's considerable wealth. Today, it continues this legacy, offering sophisticated investment management, wealth planning, tax and estate advisory, and family office services. Bessemer Trust emphasizes a client-centric approach, acting as a fiduciary to preserve and grow clients' assets across generations with customized strategies and a long-term perspective.

Where is Bessemer Trust's Headquarters?

HQ Function

Serves as the primary center for executive leadership, strategic decision-making, core investment strategy formulation, and oversight of national and international operations.

Notable Features:

Located within the historic Rockefeller Center complex, offering a prestigious address and access to extensive business and cultural amenities.

Work Culture:

Characterized by a deep commitment to fiduciary duty, client confidentiality, intellectual rigor, and collaborative teamwork. Employees often describe it as a collegial environment focused on excellence and long-term client relationships.

HQ Significance:

The New York City headquarters underscores Bessemer Trust's deep roots in the American financial landscape and its position as a leading wealth management firm, facilitating close proximity to financial markets and a significant client base.

Values Reflected in HQ: The headquarters' location and design reflect Bessemer Trust's values of stability, discretion, excellence, and enduring client service.

Location:

Bessemer Trust primarily operates across the United States with numerous offices in key wealth centers. Internationally, its most significant presence is in London, UK, which serves as a hub for European and other global clients. Functions supported globally include comprehensive wealth management, investment advisory, trust and estate planning, and family office services, tailored to meet the complexities of international finance and cross-border asset management.

Street Address:

630 Fifth Avenue

City:

New York

State/Province:

NY

Country:

USA

Bessemer Trust's Global Presence

Palm Beach, Florida, USA

Address: 222 Royal Palm Way, Palm Beach, FL 33480

Caters to the specific needs of Florida residents, including estate planning, trust administration, and investment management, often for individuals with complex, multi-generational wealth.

San Francisco, California, USA

Address: 101 California Street, Suite 2650, San Francisco, CA 94111

Offers specialized advice for clients with concentrated stock positions, pre-IPO planning, and philanthropic strategies common in the tech industry.

Chicago, Illinois, USA

Address: 303 West Madison Street, Suite 1800, Chicago, IL 60606

Delivers comprehensive wealth management solutions, drawing on Bessemer's national resources while providing localized client service and market insights.

London, United Kingdom

Address: 8th Floor, Cassini House, 57 St James’s Street, London, SW1A 1LD, UK

Provides access to Bessemer's wealth management platform for UK and European-based clients, facilitating international investment strategies and complex estate planning.

Buying Intent Signals for Bessemer Trust

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Bessemer Trust

As of April 2025, Bessemer Trust' leadership includes:

Marc D. Stern - Chief Executive Officer
Holly MacDonald - Chief Investment Officer
Robert M. Goldman - Managing Director, Chief Fiduciary Counsel & Head of Trusts and Estates
S. Mark Palmer - Managing Director & Head of Client Advisory
Elizabeth Winter - Chief Compliance Officer

Investors of Bessemer Trust

Bessemer Trust has been backed by several prominent investors over the years, including:

Privately owned, principally by the Phipps family descendants and current and former employees. It is not publicly traded and does not have external institutional investors in the typical sense.

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits0

Bessemer Trust has seen some key leadership appointments and transitions aimed at strengthening its regional presence and investment capabilities. Notably, Tom Nassar was appointed Head of the West Coast Region.

New Appointments:

Tom Nassar, Tom Nassar was appointed as Managing Director and Head of West Coast Region, bringing extensive experience to enhance client service and growth in the region.

Technology (Tech Stack) used by Bessemer Trust

Discover the tools Bessemer Trust uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Bessemer Trust Email Formats and Examples

Bessemer Trust commonly uses specific email formats for its employees. The most prevalent patterns are [last]@[domain] and [firstinitial][last]@[domain].

[last]@bessemertrust.com or [firstinitial][last]@bessemertrust.com

Format

stern@bessemertrust.com

Example

90%

Success rate

News and media

Business WireFebruary 20, 2024

Bessemer Trust Names Tom Nassar as Head of West Coast Region

Bessemer Trust announced that Tom Nassar has been appointed as Managing Director and Head of its West Coast Region. He will be responsible for leading client advisory services and business development efforts from San Francisco to San Diego....more

Pensions & InvestmentsApril 4, 2023

Bessemer Trust names new CIO

Bessemer Trust named Holly MacDonald as chief investment officer. She replaced Rebecca Patterson, who left Bessemer Trust to join Bridgewater Associates as chief investment strategist....more

Bessemer TrustOctober 24, 2023

Bessemer Trust Quarterly Investment Perspective Q4 2023

Bessemer Trust released its Quarterly Investment Perspective for Q4 2023, offering insights into market trends, economic outlook, and investment strategies for clients navigating evolving financial landscapes....more

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