Geller & Company Names Robert Wedeking Chief Investment Officer of Geller Family Office Services

NEW YORK, March 28, 2012 /PRNewswire/ -- Geller & Company, a leading strategic financial advisory firm, today announced that Robert Wedeking has been named Chief Investment Officer of Geller Family Office Services LLC (GFOS), its family office and wealth advisory business.  Mr. Wedeking will serve as a member of the GFOS leadership team and help guide its strategic direction.

Mr. Wedeking joins GFOS from Caxton Associates, L.P., the firm founded by Bruce Kovner.  Mr. Wedeking spent more than twenty one years at Caxton where he was Portfolio Manager for Caxton Select LLC, a $1.1 billion multi-strategy fund of funds, and Director of Alternative Investments, responsible for creating customized portfolios across all asset classes for the principals of Caxton and its clients.  In managing Caxton Select, Mr. Wedeking was responsible for tactical asset allocation decisions for taxable and non-taxable clients, as well as due diligence throughout the portfolio.  He helped raise capital from high net worth families, endowments and institutional investors.  Mr. Wedeking's portfolios achieved strong risk adjusted returns and exceeded industry benchmarks in a variety of market environments.

In addition to his work at Caxton, he has been active with the investment committee at the American Enterprise Institute and also serves on the Board of Directors of the Princeton Healthcare System Foundation. 

Martin Geller, founder and Chief Executive Officer of Geller & Company and GFOS, said, "We are delighted to welcome an executive of Rob Wedeking's caliber as the new Chief Investment Officer of GFOS.  Rob brings superb experience, insight and knowledge of the markets, having a long track record of excellent returns working for one of the most successful investors of our time.  At the same time, he has the character, leadership skills and judgment necessary to serve our clients and work collaboratively with our team.  Bringing Rob to GFOS is an important step in our efforts to continuously enhance our capabilities, performance and service level to each of our clients, and ensure we are advising them in an independent and objective manner."

Mr. Wedeking said, "The depth of the GFOS team and their ability to provide high net worth families fully integrated, independent wealth management solutions is vital to navigating today's rapidly changing investment environment.  The benefits of utilizing an open architecture approach to portfolio construction provides the flexibility to deal with the myriad issues facing family offices today.  It is a privilege to become part of the Geller organization and I look forward to working with the GFOS team to continue to build a premiere private wealth management business."

Mr. Wedeking joins a team comprised of more than 50 talented professionals who have extensive family office and wealth advisory experience.  To capitalize on its success, Geller has enhanced its talent base by hiring high quality professionals in various aspects of its business.  In recent years, the team has been significantly strengthened through a number of key hires, including Martin E. Cooperman as Managing Partner of Geller & Company, Susan W. Sofronas as Senior Client Relationship Partner, Era Jacqueline Yoo as Client Relationship Partner, Christopher J. Schiffer as Director of Operations and Jonathan Barbato as Director of Manager Selection.  Each of these individuals has had a long and successful career with significant experience in the family office space and has been extremely successful in working in the collaborative culture that exists in Geller and helping the continuous strengthening of the organization.

Mr. Wedeking received a bachelor of arts degree in accounting and finance from Hartwick College and is a Chartered Financial Analyst.

About Geller & Company

Founded in 1984, Geller & Company is a strategic financial advisory firm that has long-standing relationships with its clients and works closely with them to understand their specific needs and deliver a suite of services across its business segments.  The segments include strategic and operational CFO services; financial reporting and accounting; technology; tax advisory services and compliance for corporations, partnerships, nonprofits and individuals; and family office and wealth management services.  Geller's clients include businesses, non-profits and high-net-worth individuals and families.

Geller Family Office Services LLC (GFOS), with assets under advisement of more than $5 billion and assets under management in excess of $1 billion, is a registered investment adviser and multi-family office that serves wealthy individuals and families, and their closely held private and public businesses, as well as non-profits, charities and private foundations.  By engaging with and carefully listening to its clients, GFOS helps them determine and implement their goals and objectives through its expertise in the following areas: business and personal financial management and reporting; retirement and inter and intra generational wealth transfer planning; investment management; and consolidated reporting, tax planning and compliance, including trusts and estates. Through its integrated and execution-oriented approach, GFOS helps its clients achieve their investment, cash flow, wealth transfer, tax and retirement objectives with the highest level of quality and service.

Contact:

Mark Semer / Daniel Yunger
Kekst and Company
(212) 521-4800

SOURCE Geller & Company