SOURCE: Federal Street Advisors

October 31, 2013 12:35 ET

Federal Street Advisors Welcomes Robert R. Gould to Its Boston, Massachusetts Office

BOSTON, MA--(Marketwired - Oct 31, 2013) - Federal Street Advisors, an independent investment consultant and wealth management firm for individuals, families and nonprofit organizations, announced today that Robert R. Gould has joined the firm as its Director of Advisory Services, Executive Vice President and shareholder. Bob joins its Chairman and Founder, John LaPann, its President and CIO, Kristin Fafard, and its COO, Jennifer Murtie, as a member of the firm's senior management team, and a voting member of the Investment Committee. He will oversee the firm's advice and service to its clients and will advise clients directly. 

Gould commented, "Federal Street is in an enviable position, enjoying an industry reputation for integrity, a first-class investment operation with proven results, and sophisticated solutions for complex clients. I am excited to join the Federal Street leadership team and look forward to working to ensure continued excellence in both investment results and client service."

Mr. Gould spent 30 years at Brown Brothers Harriman, where he was a partner for 13 of those 30 years. In that position, Gould oversaw a $40 billion global wealth management and investment management business. He served on the firm's steering and finance committees, and he co-founded and developed the firm's highly successful private equity business. 

"We are very excited to have Bob join our team and look forward to his contributions here at Federal Street Advisors," said Kristin Fafard, President and CIO. "At Federal Street, we leverage the key strengths of all our executives, and Bob will add a great deal to that talent."

Bob rounds out the senior management team, bringing skills and experience that complement those of Kristin and Jen. "It is important to me, as it is to our clients, that the firm remains a trusted advisor across generations, and I am pleased we have built a team that can do so," added John LaPann, Chairman and Founder. "I am proud of the team we have built here and excited to work with this next generation of leaders."

About Federal Street Advisors

Federal Street Advisors provides conflict-free investment consulting and wealth advisory services to a select group of clients, with particular expertise in customized portfolio design, philanthropy, and working with large complex families. Its subsidiary, Old North Advisors, provides comprehensive wealth management services on a discretionary basis. Both firms work with high-net worth individuals, nonprofit organizations, and foundations. For more information, visit www.federalstreet.com.

To schedule a press interview please contact Veronica Welch at 1-508-643-8000 or Ronnie@cwrpartners.com.

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