Evercore Wealth Management, established in 2008, is the wealth management division of Evercore Inc., a premier global independent investment banking advisory firm. The firm offers integrated strategic advice, global portfolio management, comprehensive trust and fiduciary services, and family office services to high-net-worth individuals, families, and related institutions. With a commitment to personalized client service, Evercore Wealth Management emphasizes independent, client-focused advice, aligning with Evercore's corporate culture.
The firm's strategic focus centers on delivering customized investment management and financial planning services tailored to the unique needs of its clients. By combining proprietary expertise with carefully selected external investments, Evercore Wealth Management aims to generate optimal after-fee, after-tax, risk-adjusted returns across a diverse range of asset classes. The firm primarily serves high-net-worth individuals, multigenerational families, executives, business owners, and related institutions, including foundations and endowments.
As of March 31, 2025, Evercore Wealth Management managed approximately $13.6 billion in assets for families and related institutions. The firm operates with a team of 110 employees across multiple offices, including New York, Minneapolis, San Francisco, Palm Beach, and Tampa. The average account size is approximately $3.3 million, reflecting the firm's focus on high-net-worth clientele.
Evercore Wealth Management offers a comprehensive suite of services, including investment advisory, financial planning, trust and fiduciary services, and family office services. The firm provides personalized portfolios and financial plans, addressing areas such as retirement planning, estate planning, tax management, and charitable giving. Additionally, Evercore Wealth Management conducts educational seminars and publishes a quarterly journal, "Independent Thinking," to keep clients informed.
The leadership team comprises seasoned professionals with extensive experience in wealth management:
- Christopher Zander, Partner, President, and CEO
- Jeff Maurer, Partner and Chairman
- John Apruzzese, Partner and Chief Investment Officer
- Michael Cozene, Partner, Palm Beach and Tampa
- Jon Kropf, Partner, San Francisco
- Brian Pollak, Partner, New York
- Martha Pomerantz, Partner, Minneapolis
- Stacie Price, Partner, Minneapolis
- Jay Springer, Partner, New York
These leaders bring a wealth of experience from previous roles at prominent financial institutions, contributing to the firm's reputation for excellence.
In March 2025, Evercore Wealth Management promoted Paulo Coelho, Neza Gallitano, and Alex Lyden to Partner, reflecting the firm's commitment to recognizing and advancing internal talent.
The wealth management industry is highly competitive, with several firms vying for market share:
- Goldman Sachs: A leading global investment banking, securities, and investment management firm.
- Lazard: An international financial advisory and asset management firm.
- Morgan Stanley: A multinational investment bank and financial services company.
- Centerview Partners: A boutique investment banking firm specializing in advisory services.
These competitors offer similar services, including investment advisory, financial planning, and asset management, catering to high-net-worth individuals and institutions.
Evercore Wealth Management has established strategic collaborations to enhance its service offerings. Notably, the firm provides personal trust services through Evercore Trust Company, N.A., a national trust bank headquartered in Delaware. This partnership offers clients modern alternatives to traditional trust companies, along with access to the tax and regulatory advantages associated with Delaware trusts.
In the competitive landscape, Evercore Wealth Management differentiates itself through its commitment to independent, client-focused advice and personalized service. The firm's integration with Evercore Inc. provides access to a broad range of resources and expertise, enhancing its ability to serve complex client needs. Additionally, the firm's emphasis on customized investment strategies and comprehensive financial planning positions it favorably against competitors.
Looking ahead, Evercore Wealth Management aims to expand its client base by leveraging its reputation for excellence and personalized service. The firm plans to enhance its technological capabilities to improve client engagement and operational efficiency. Additionally, Evercore Wealth Management seeks to deepen its presence in existing markets and explore opportunities in new regions, aligning with the broader growth strategy of Evercore Inc.
