GREENWICH, CT--(Marketwired - July 13, 2016) - Fieldpoint Private, the fast-growing wealth advisory and private banking firm serving ultra-high net worth families and institutions, today announced that it has entered the Palm Beach, Florida, market, with a new office and the addition of Joseph McCool as Managing Director and Senior Advisor.
The firm, which was established in 2008, originally attracted widespread attention because of its high-profile founders who had served as chairmen and CEOs of firms such as Merrill Lynch, UBS Americas, TD Ameritrade, The Home Depot, Time Inc. and Gillette, among others. To date, it has operated from offices in Greenwich, Connecticut, and New York City, and has grown to serve more than 600 families and entrepreneurs across the United States, Latin America and Europe.
The expansion to Palm Beach follows last week's announcement that the firm has added a West Coast presence with the addition of Clay Skurdal, who is based in Eugene, Oregon.
"Fieldpoint Private was founded on the notion that size is the enemy of excellence -- that you can deliver intellectual firepower that will compare favorably to the largest firms the world, and you need not compromise objectivity and exceptional personal service in order to ensure it," said Fieldpoint President and CEO Bob Matthews. "From the beginning, this idea resonated with a substantial clientele -- many of whom choose to reside in Florida," slightly different idea he added.
Mr. Matthews said that Mr. McCool represents exactly the kind of highly selective addition that will continue to mark the firm's growth. "Joseph McCool's presence in Palm Beach gives us an ideal professional to help reach even more families and entrepreneurs who will appreciate what makes Fieldpoint special," said Mr. Matthews.
Mr. McCool, a nearly 30-year wealth advisory veteran, joins Fieldpoint Private following 13 years with Capital Group Private Client Services, where he advised families and business owners on approximately $450 million in investments as a Senior Vice President and investment counselor. Prior to that, Mr. McCool spent a decade with Sanford Bernstein as a principal, and served in corporate finance with Smith Barney.
"What impresses me most about Fieldpoint is the quality of the professionals, from investment research, to banking, to credit," Mr. McCool said. "They deliver strategic thinking, technology and solutions that would be considered impressive at any of the world's largest firms. To experience these with the exceptionally personal service of a boutique firm is truly remarkable."
About Fieldpoint Private
Headquartered in Greenwich, Connecticut, Fieldpoint Private (www.fieldpointprivate.com) is a boutique financial firm providing the highest degree of personalized, confidential wealth planning and private banking services. Catering to highly successful individuals, families, businesses and institutions, Fieldpoint Private offers a powerful combination of wealth management and strategy, family office, private banking and business banking services addressing every financial need for each of our clients including: wealth transfer advice, tax planning, aggregation and performance reporting, risk management, goals-based investing strategies, sophisticated investment selection, discreet and personalized banking, highly customized credit solutions, custom custody and trust solutions, highly attentive/responsive service and concierge services.
Fieldpoint Private was established in 2008 by 31 Founders with a specific vision and purpose. These extraordinary leaders of industry and community recognized the opportunity to create a financial firm totally attuned to people's individual circumstances. Our firm is built on a philosophy of exclusive membership and client-centricity. Working with a limited number of relationships gives every person the experience of belonging to an extremely selective group. The result is a new breed of institution established on the basis of personalization, responsiveness, and exclusivity, and an ensured commitment to impeccable service and consistently flawless execution. Our service approach offers a unique client experience custom crafted to each client's financial needs.