Glenmede Opens a Washington, D.C. Office

Independent and Privately Held, the Firm Pursues Strategy of Organic Growth


PHILADELPHIA, PA--(Marketwired - Oct 8, 2014) - Glenmede, a leading investment and wealth management firm, today announced the opening of a Washington, D.C. office, located at 1717 Pennsylvania Avenue, NW, and the appointment of Michael K. Hickey as Regional Director. Mr. Hickey reports to Christopher F. Poch, Director of Business Development, who joined the firm in February having previously served as Regional Director of the Mid-Atlantic region for Bessemer Trust. Mr. Hickey joins Glenmede from Bernstein Global Wealth Management where he worked with clients and professional advisors to develop wealth management strategies for families, private foundations, not-for-profit organizations and companies. This is Glenmede's seventh office as the firm continues its organic growth strategy in key metropolitan areas where it has reached critical mass in clients and partners.

"With a commitment to private ownership, we seek to leverage situations where we have longstanding and entrenched client and intermediary relationships," said Chip Wilson, Executive Director of Relationship Management. "As we continue to differentiate ourselves in this market, a physical presence is necessary in order to meet the needs of current and prospective clients and maintain the service philosophy and business acumen that defines Glenmede."

Founded nearly 60 years ago, Glenmede was originated to serve as the investment manager and trustee of The Pew Trusts established by children of Joseph N. Pew, founder of Sun Oil. Today, Glenmede remains privately owned and independent, and continues to be singularly focused on investment and wealth management. The company serves approximately 1,880 relationships, and oversees more than $27 billion of assets under management.

About Michael Hickey
Michael Hickey is Director of Glenmede's Washington, D.C. office. In this role, he spearheads the initiative to more deeply establish the company's presence in the region and surrounding areas. Prior to joining Glenmede, Mr. Hickey served as a financial advisor for Bernstein Global Wealth Management where he worked with clients and professional advisors to develop wealth management strategies for families, private foundations, not-for-profit organizations and companies. Mr. Hickey received a B.A. in English from Williams College and an M.B.A. from the University of Maryland's Robert M. Smith School of Business. He is an active member of the Washington community, serving as a Board of Director of the CFA Society, World Affairs Council (where he acts as the Finance and Investment Committee Chair), the Board for the Catholic Cemeteries of the Archdiocese (where he acts as Treasurer and Chair of the Finance Committee) and the Fathers of Daughters Club, in addition to being a member of the Athletic Hall of Fame Committee of Georgetown Preparatory School.

About Christopher Poch
Christopher F. Poch is Director of Business Development and a member of Glenmede's Management Committee. Mr. Poch oversees firm-wide initiatives to broaden the company's client base across high-net-worth, family, endowment, foundation and institutional relationships. Prior to joining Glenmede, Mr. Poch was a Managing Director with Bessemer Trust, where he served as Regional Director of the Mid-Atlantic region. Mr. Poch earned a B.A. and B.S. in marketing from Villanova University and the Certified Investment Management Analyst® certification from the Wharton School of the University of Pennsylvania. A former resident of Washington, D.C., Mr. Poch is founder and President of the Stone Ridge Fathers Club and an Investment Committee member of the Society of the Sacred Heart.

About Glenmede
The Glenmede Trust Company, N.A., ("Glenmede") is among the nation's leading investment and wealth management firms with more than $27 billion of investable assets under management for high-net-worth individuals, families, family offices, endowment, foundation and institutional clients. Headquartered in Philadelphia, the firm has offices in Delaware, Ohio, New Jersey, New York and Washington, D.C. For further information, please visit www.glenmede.com.

Contact Information:

CONTACT:
Jason Rocker
Braithwaite Communications
215-564-3200 x110
jrocker@gobraithwaite.com