Bessemer Trust, a privately owned and independent multifamily office, announced that it has opened an office in downtown Seattle.
It is the firm’s 17th office; it will serve as Bessemer’s hub in the Pacific Northwest.
The new office will be headed by Managing Director Steve Kutz, a former JPMorgan Private Bank executive with more than 25 years of investment and wealth management experience.
Founded in 1907 by Henry Phipps, the co-founder of Carnegie Steel, Bessemer Trust oversees $103.4 billion for more than 2,300 clients.