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Bessemer Trust operates as a private, independent multi-family office, providing comprehensive wealth planning, investment management, and family office services. It focuses on offering multidisciplinary advice and sophisticated solutions designed to manage and grow the substantial assets of its diverse clientele, encompassing high-net-worth individuals, families, foundations, and endowments.
The institution traces its origins back to 1907 when Henry Phipps Jr. established the Bessemer Trust Company. A prominent figure who amassed his fortune in the steel industry alongside Andrew Carnegie, Phipps founded the entity to meticulously manage and preserve his personal wealth. The company, named after the innovative Bessemer steel-making process, evolved from this initial family office structure.
Today, Bessemer Trust serves a broad array of affluent clients, including multiple generations of families, as well as significant charitable organizations. Its enduring vision centers on being a trusted steward of capital, delivering tailored financial strategies and fostering long-term relationships to ensure the sustainable preservation and thoughtful growth of wealth for its clients.
Key people at Bessemer Trust.
Bessemer Trust was founded in 1907 by Henry Phipps Jr. (Founder).
Bessemer Trust was founded in 1907 by Henry Phipps Jr. (Founder).
Key people at Bessemer Trust.