Glenmede, a privately held and independently owned investment and wealth management firm, has established a Private Wealth office in Pittsburgh, Pennsylvania as part of its targeted regional expansion strategy.
“Pittsburgh and the Western Pennsylvania region is especially appealing to Glenmede given its economic growth characteristics and private wealth demographics,” says Susan Mucciarone, Executive Director for Private Wealth. “In addition, we’re excited to build upon our existing network of clients and advisors in the region while rounding out our strong geographic presence in Pennsylvania and Ohio, and along the East Coast.”
The new office will be led by Mark Busher, Pittsburgh Regional Director, and the team will report to Adam Douberly, Director of Expansion Markets for Private Wealth.
Busher will be responsible for Glenmede’s Pittsburgh business and advancing the growth strategy for the region. He brings more than two decades of wealth management experience to Glenmede following a 20-year career at PNC where he most recently held the position of Managing Director and Senior Vice President for Hawthorn, PNC Family Wealth. In that role, he oversaw the growth and operations of PNC’s Pittsburgh and Northeast Pennsylvania regions and led a team that provided services to multi-generational families.
“We believe clients in the region will benefit from Glenmede’s longstanding commitment to personal service, our deep investment, fiduciary and family wealth planning resources, and our highly professional culture,” said Mr. Douberly. “Glenmede maintains its focus on serving families, foundations, and endowments with distinction, and we are excited by what our exceptional team brings to clients in the Pittsburgh metropolitan area and beyond.” In addition to Mr. Busher, Glenmede’s Pittsburgh presence will include a full private wealth team consisting of the following individuals:
Francis Aloi, Vice President and Relationship Manager — Portfolio Management
Benjamin Ciocco, Vice President and Relationship Manager — Wealth Advisory
Richard Yurasko, Vice President and Relationship Manager — Wealth Administration