The Top 50 Family Offices

KEY = Firms with greatest year-over-year growth # = Rank according to YOY growth

Firm Name

MAIN OFFICE LOCATION(S)

AUA, in Billions*

YOY % Change

Number of Families**

HSBC Private Wealth Solutions

GENEVA, LUGANO AND ZURICH

$123.6 $90.0 $64.5 $62.4 $57.3 $37.3 $31.9 $30.6 $29.6 $21.3 $21.0 $20.5 $17.9 $17.5 $16.1 $12.1 $10.3 $10.2 $9.8 $9.8 $9.0 $6.8 $6.6 $6.5 $6.5 $5.7 $5.2 $5.2 $5.1

21% 5 8% 1% 1% 3% NA 6% 12% 3% 9% 14% 8 3% 6% 12% 13% 17% 6 2% 8% 0% 2% 9% 1% 12% 10% 5% 7% 2% 8% 13% 9 28% 3 7%

297 4,101 424 2,100 >50 125 306 597 163 >550 238 163 2,212 654 239 76 193 116 50 NA 275 20 62 75 90 79 4 70 3 28 30

2 Northern Trust CHICAGO 3 BNY Mellon Wealth Management NEW YORK 4 Bessemer Trust NEW YORK 5 Pictet GENEVA 6 UBS Global Family Office ZURICH 7

Wilmington Trust (M&T Bank)

WILMINGTON, DELAWARE

8 Abbot Downing (Wells Fargo) MINNEAPOLIS 9 U.S. Trust (Bank of America) NEW YORK 10 Hawthorn (PNC Financial) PHILADELPHIA 11 Rockefeller Financial NEW YORK 12 Glenmede PHILADELPHIA 13 (Invesco) ATLANTA

Atlantic Trust Private Wealth Management GenSpring Family Offices (affiliate of SunTrust Harris myCFO (BMO Financial Group)
PALO ALTO, CALIFORNIA

14 Banks) JUPITER, FLORIDA 15

16 Oxford Financial Group CARMEL, INDIANA 17 Veritable NEWTOWN SQUARE, PENNSYLVANIA 18 Silvercrest Asset Management NEW YORK 19

Frankfurt Family Office (Deutsche Bank)

FRANKFURT

Johnson Investment Counsel CINCINNATI

21 Whittier Trust SOUTH PASADENA, CALIFORNIA 22 TAG Associates NEW YORK 23 MASSACHUSETTS

Ballentine Partners WALTHAM,

24 Commerce Family Office ST. LOUIS

Tiedemann Wealth Management NEW YORK

26 BBR Partners NEW YORK 27 McCutchen Group

SEATTLE

Spudy & Co. Family Office HAMBURG

29 1875 Finance GENEVA 30 MASSACHUSETTS

Athena Capital Advisors Baker Street Advisors

LINCOLN, SAN FRANCISCO NEW YORK

$4.4 $4.4 $4.3 $4.0 $3.9 $3.9 $3.8 $3.8 $3.7 $3.7 $3.7 $3.6 $3.3 $2.9 $2.9 $2.8 $2.6 $2.6 $2.6 $2.5 $2.4

32 Constellation Wealth Advisors 33 Kanaly Trust HOUSTON 34 Presidio Group SAN FRANCISCO

13% 9 200 0% 3% 2% 9% 8% 6% 25% 4 7% 36% 1 11% 6% 15% 7 NA NA 30% 2 11% 3% 0.1% 245 23 31 28 45 300 70 42 45 74 39 17 35 8 140 59 24 103

Synovus Family Asset Management

COLUMBUS, GEORGIA

36 Federal Street Advisors BOSTON

Marcuard Family Office

ZURICH

38 Confidantes TARRYTOWN, NEW YORK

Clarfeld Wealth Strategists & Financial Gresham Partners CHICAGO Pitcairn JENKINTOWN, PENNSYLVANIA
NORFOLK, VIRGINIA ANTWERP, BELGIUM

41 Signature

42 Monitor Capital Partners 43 St. Louis Trust

ST. LOUIS

Sand Aire

LONDON

45 (U.S. Bancorp) 46 Bollard Group

Ascent Private Capital Management

SAN FRANCISCO BOSTON

Financial Management Partners

CLAYTON, MISSOURI

Threshold Group

GIG HARBOR, WASHINGTON

49 Vogel Consulting BROOKFIELD, WISCONSIN 50 Tolleson Wealth Management DALLAS

*Assets under advisement as of Dec. 31. **Multigenerational families. NA indicates figures not available.

Source: Bloomberg