Pathstone Family Office Launches Independent, Family and Employee Owned Multi-Family Office

"Of Families, For Families" Model Provides Single Family Office for Multiple Clients

Jun 01, 2010, 11:10 ET from Pathstone Family Office

NEW YORK and ATLANTA, June 1 /PRNewswire/ -- Pathstone Family Office, an independent, family and employee owned wealth management organization, today announced the official launch of the firm's operations.  Founded by Steve Braverman and Allan Zachariah, former executives of Harris myCFO, the Pathstone team has decades of experience as trusted advisors to high net worth clients and their multi-generational families.  The firm has offices in New York City, Atlanta and New Jersey and currently serves approximately 20 families, representing combined assets under advisement of more than $2 billion.

Pathstone Family Office delivers an integrated approach and comprehensive solutions to affluent families including investment advisory, income tax planning and compliance, wealth transfer planning and a full suite of financial administration services.  The in-house Pathstone team of over 20 professionals provides a low employee to client ratio, ensuring timely and informed advice and guidance.

"The Pathstone business and philosophy -- of families, for families -- reflects the founding tenet of Family Office, enabling us to deliver the focused financial management, investment services and strategic counsel our clients require, with personal investment in ensuring their continued success," said Steve Braverman, Co-Founder and Managing Director.  "Our heritage and experience allows us to align completely with our client's interests, and deliver a broad array of family centric wealth management solutions to help them to achieve their long-term goals and support their legacy."  

Prior to co-founding Pathstone Family Office, Mr. Braverman, who has more than 20 years of professional experience working with family offices and providing advice on their total wealth management, served as President of Harris myCFO Investment Advisory Services, LLC.  He speaks frequently at industry conferences and is a regular contributor to the media on a wide range on subjects regarding high net worth families, their investment options and an integrated approach to achieving multi-generational goals.  Mr. Braverman has received a number of important industry awards and recognitions over his career.  Worth Magazine recently identified him as a "Leading Wealth Advisor" and profiled him in their May/June 2009 issue.  In 2007, he was nominated by Institutional Investor's "Private Asset Management" magazine for Family Office of the Year.

"We started Pathstone because we saw the need for a truly independent wealth management firm that could serve as a steward and trusted advisor to high net worth, multi-generational families with the hands-on attention and vested interest in their success not found elsewhere," added Allan Zachariah, Co-Founder and Managing Director.  "Our team of experienced professionals work together and act proactively, delivering integrated services that go well beyond investments and taxes to focus on the unique challenges and opportunities encountered by our high net worth clients."

Mr. Zachariah has over 28 years of professional experience designing sophisticated wealth transfer strategies for family businesses and high-net worth individuals and is a frequent speaker on wealth transfer techniques and family office issues.  Prior to co-founding Pathstone, he was a Managing Director of Harris myCFO.  Mr. Zachariah, a CPA, has also served as a partner and National Director of Estate Planning for Grant Thornton and as a partner and member of the National Estate and Gift Planning Team at BDO Seidman, both in Atlanta.  He began his career as an accountant with the Louisville, KY office of Arthur Andersen developing the office's Family Wealth Practice.  

About Pathstone Family Office

Pathstone Family Office, with offices in New York City, Atlanta and New Jersey, is an independent, family and employee owned integrated wealth management organization.  With decades of experience as trusted advisors to multi-generational high net worth clients, the Pathstone team employs a fully aligned and advocacy focused model empowering each family to achieve their long-term goals and support their legacy.  For more information on Pathstone please visit www.pathstone.com.

SOURCE Pathstone Family Office



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