Thomas J Hakala, Al Jacobi, CFA, and Joanne Schwind have joined Fieldpoint Private, a private bank & wealth advisory firm serving ultra high net worth families and institutions, following more than a decade at Wilmington Trust.
While at Wilmington Trust, the New York City-based team managed financial relationships with 75 wealthy individuals and families, and close to USD1 billion in assets. The team is based in Fieldpoint Private’s new offices at 400 Park Avenue, which were announced last week.
"Our team’s priority over the years has been to provide wealth management advice across the full spectrum of our clients’ financial lives, and to do it with complete objectivity and an extraordinary level of customisation," says Hakala, who is now a Fieldpoint Private Managing Director.
His partner, Al Jacobi, also a Managing Director, says: "We take this priority very seriously, and we’ve come to Fieldpoint Private because we need to be sure our practice resides within the firm whose values and resources best match that objective."
Robert S Matthews (pictured), President and CEO of Fieldpoint Private, says that the team represents the best of what the firm’s founders – which include four retired Chairmen of Merrill Lynch & Co and UBS Americas – envisioned. "They built this firm not only as a business, but as a source of objective advice for themselves, their families and the institutions they care about most,” he says. “When you see people like Tom, Al and Joanne choosing to bring their practices here, it suggests that we are proving to be a home for like-minded professionals," Matthews said. "We’re proud to welcome them as colleagues."