Pitcairn Expands its Strategic Leadership & Investments Team

Pitcairn, a true family office serving ultra-high-net-worth families for a century, announced today the expansion of its executive leadership team with the addition of Nathan Sonnenberg, a 25-year investment professional, as its new Chief Investment Officer. Pitcairn’s long-time CIO, Rick Pitcairn, will take a new role as the firm’s Chief Global Strategist.

The moves come as Pitcairn continues to expand its client base and investment offerings, positioning the firm for continued growth among many of the country’s wealthiest families. Pitcairn was founded in 1923 as the single family office for the Pitcairn family, and today the firm serves more than 100 families.

“We’re excited to welcome Nathan to Pitcairn, and to continue to offer Rick’s proven strategic vision and vast market knowledge to our client families as we begin our second century,” said Leslie C. Voth, Pitcairn’s Chairman, Chief Executive Officer, and President. “These moves build on our decades of investment excellence and will ensure that our ultra-high-net-worth clients continue to receive the trusted investment counsel and sophisticated opportunities they deserve.”

At Pitcairn, Nathan will focus on the day-to-day management of the investment team, along with building the firm’s long-term capital framework and identifying new opportunities within private markets. In his new role, Rick will advance the firm’s global growth strategy, work directly with clients, and produce original research and informed insights on macroeconomic trends for clients and the media. Both will report to Leslie Voth.

“I am looking forward to working closely with Nathan and continue to support our client families,” Rick said. “Having worked with Nathan for the past several years, I know that he is not only a smart and highly experienced investment professional, but he also shares our values and commitment to doing what’s best for our clients.”

Prior to Pitcairn, Nathan was founder of outsourced-CIO consultancy Wealth Management Consulting, LLC. Previously, he held leadership positions, including as chief investment officer, at wealth management firms Fortigent, Advice Period, Glassman Wealth Services, and Abbott Downing.

“I want to thank Leslie and Rick for this incredible opportunity,” Nathan said. “Over my many years working with Pitcairn, I have seen firsthand how they deliver personalized portfolios for every client family. I want to thank them for placing their trust in me, and I look forward to serving Pitcairn client families for many years to come.”

Both Rick and Nathan will serve on the firm’s leadership team and investment policy committee. Nathan is based in the Washington, D.C. area and will split his time between there and the firm’s Jenkintown office, with a focus on building out a Capital region team. Rick will continue to be based out of the Jenkintown, PA office.

About Pitcairn

Pitcairn’s unique Shared Single-family Office™ model provides unparalleled service to wealthy families and other family offices. With a heritage dating back to the firm’s founding in 1923, Pitcairn has a long-standing tradition of helping ultra-high-net-worth families navigate the complexities of wealth and plan for the future. The firm’s comprehensive services include investment advisory, wealth management, tax, trust and estate planning, risk management, accounting, and household-level financial services as well as family education and family governance support. The firm is headquartered in suburban Philadelphia, with offices in New York, suburban Washington D.C. and a presence in Florida.