Evercore Wealth Management has entered into a definitive agreement to purchase Morse Williams, an SEC registered investment adviser which manages approximately USD190m for individual clients, families and related institutions.
Jeff Maurer (pictured), partner and chief executive of Evercore Wealth Management, says: "Bob Morse and his team bring over 40 years of investment experience and a complementary skill set to our current team. We are looking forward to his active participation in our investment process as we continue to grow our business."
Evercore Wealth Management has also celebrated its one year anniversary by reaching more than USD1.5bn in assets under management.
"Our partnership model resonates with clients because we deliver unconflicted advice and undiluted investment expertise,” says Maurer. “We are exclusively focused on our clients’ goals.”
Evercore Wealth Management, a subsidiary of Evercore Partners, serves high net worth individuals, families and related institutions, delivering investment management, financial planning, trust and custody services. It has offices in New York and San Francisco.
