Evercore announces the opening of Evercore Trust Company of Delaware

Feb 11, 2016, 08:00 ET from Evercore

NEW YORK, Feb. 11, 2016 /PRNewswire/ -- 

Evercore (NYSE: EVR) today announced the opening of Evercore Trust Company of Delaware, to enhance the firm's fiduciary and investment services for high net worth families and related institutions across the United States. 

Ralph Schlosstein, President and Chief Executive Officer of Evercore, said, "Evercore Trust Company of Delaware complements our personal and institutional fiduciary capabilities at Evercore Wealth Management, LLC and Evercore Trust Company, N.A. We are pleased with the continued strong growth of these businesses and delighted to expand our capabilities to include Delaware trusts."

Jeff Maurer, Chief Executive Officer of Evercore Wealth Management and Chairman of Evercore Trust Company N.A., added, "Delaware's tax and regulatory environment makes the state an attractive trust jurisdiction for many of our clients. The new trust company, which is chartered in Delaware, enhances our national fiduciary capabilities as we strive to set the new standard in financial planning and investment management."

The President and Chief Executive Officer of Evercore Trust Company of Delaware is Chris Zander, Chief Wealth and Fiduciary Advisor at Evercore Wealth Management and Evercore Trust Company, N.A. He is based at Evercore's headquarters in New York.

Darlene Marchesani is the Chief Trust Officer and Trust Counsel of Evercore Trust Company of Delaware. She is based in Wilmington, Delaware and reports to Chris Zander. As announced on May 18, 2015, she joined Evercore as a Managing Director from Wilmington Trust, where she worked as a Senior Fiduciary Advisor.

About Evercore Wealth Management & Evercore Trust Company, N.A.

Evercore Wealth Management, LLC, a subsidiary of Evercore, serves high net worth individuals, families, and related institutions, delivering customized investment management, financial planning, and trust and custody services. Evercore Wealth Management is a registered investment advisor with offices in New York, Minneapolis, San Francisco, Los Angeles, and Tampa. The firm manages $6.2 billion in client assets as of December 31, 2015. Additionally, Evercore Wealth Management offers personal trust services to its clients through Evercore Trust Company N.A., a national trust bank with $41.8 billion in assets under administration as of December 31, 2015. More information about personal fiduciary and investment management can be found at www.evercorewealthmanagement.com.

About Evercore

Established in 1995, Evercore is a leading global independent investment banking advisory firm. Evercore advises a diverse set of investment banking clients on a wide range of transactions and issues and provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. The firm also offers investment management services to high net worth and institutional investors. With 28 offices in North America, Europe, South America and Asia, Evercore has the scale and strength to serve clients globally through a focused and tailored approach designed to meet their unique needs.  More information about Evercore can be found on the Company's website at www.evercore.com.

Investor Contact:

Robert B. Walsh

Chief Financial Officer, Evercore

+1.212.857.3100

Media Contact:

Aline Sullivan

Kensington Private for Evercore Wealth Management

+1.203.918.3389

aline.sullivan@evercore.com

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SOURCE Evercore



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