Bernstein Private Wealth Management, a unit of AllianceBernstein LP, has plans to expand its Ultrahigh-Net-Worth (UHNW) Platform with an offering designed to help clients navigate the growing complexities of wealth and build a multigenerational legacy.
Bernstein’s UHNW Platform currently serves more than 1,290 individuals and families, with an average client tenure of 12 years and more than $37.9 billion in total assets. With the renewed focus and expansion, the firm will continue to grow this client base by introducing bespoke solutions tailored to the needs of UHNW clients including family offices and global families. This initiative is supported by a new UHNW Service Team, the appointment of senior executives and an expanded focus on family governance research.
“We saw a need to consolidate our existing expertise in a center of excellence and more proactively get ahead of the complexities facing our wealthiest clients with a dedicated service team and additional