Bernstein Private Wealth Management, a unit of AllianceBernstein, has announced three new leaders to support its strategy for inorganic growth and ultra-high-net-worth (UHNW) expansion. This news follows the buildout of Bernstein's ultra-high-net-worth service team announced in January 2024.
Bernstein aims to further its growth and UHNW expansion with inorganic efforts including targeted recruiting of experienced wealth advisers in strategic markets and selectively acquiring registered investment advisers (RIAs). In line with this inorganic growth plan, Bernstein has elevated existing private wealth leadership talent while adding new executive hires. Craig Storch, a 25-year Bernstein veteran, will expand his existing national leadership responsibilities as a senior managing director for growth strategies. Storch will team with Neel Ray, a newly appointed senior national director on the growth strategi