Nashville, TN, May 5, 2015 — Brown Brothers Harriman & Co. (BBH) announced today that it is opening a new Private Banking office in Nashville, Tennessee. This will be BBH’s ninth office in the United States and its eighteenth globally. BBH’s Private Banking business focuses on providing wealth management, lending, and private equity to business owners and high net worth individuals. The firm’s Private Banking division has assets under management of $27.1 billion as of December 31, 2014.
BBH has deep ties to Nashville, dating back to a private equity investment in a local healthcare company that the firm made in 1990. BBH Private Banking is still actively engaged in the region with investments in regional companies, corporate loans outstanding, and wealth management relationships with Nashville residents. “We have a history of building long-term, often multigenerational relationships with clients who we advise on strategic business decisions and private wealth management, and we believe that a physical presence in Nashville will enhance our ability to serve clients in the region as a trusted advisor over time,” said Partner Charlie Izard.
“We believe that Nashville’s favorable demographic trends, vibrant business sector and community of active entrepreneurs and executives align well with our Private Banking business,” said Managing Director Bill Hyder, who will oversee the office. “There are many business owners and those of substantial wealth who we think could be a terrific fit with BBH.”
Vice President Adam Geist will be the BBH executive on the ground in Nashville, having relocated from Charlotte. Hyder and Geist both currently manage relationships in Tennessee and the greater Southeast region. The office will also be heavily visited by members of the firm’s healthcare practice, who have been present in Tennessee for many years. The goal is to eventually grow the employee base in Nashville to match the size of other BBH Private Banking offices.
About Brown Brothers Harriman
BBH is a privately held financial institution that has been a thought leader and solutions provider for nearly 200 years. The firm serves individuals, families, businesses, and institutions in its three business lines: Private Banking, Investment Management, and Investor Services. In addition to the $27.1 billion in assets under management (AUM) in Private Banking, BBH Investment Management has $56.6 billion in AUM, and the Investor Services business has $4 trillion in assets under custody.1 BBH’s culture of accountability fosters deep and lasting relationships built on commitment, adaptability, and trust. The company is independent, selective, and specialized by design.
BBH Private Banking’s mission is to be the preeminent provider of advice and capital to private business owners and people of substantial wealth to help them create, transition, preserve, and grow their wealth. The firm serves both corporate and private clients in the following products and services: Investment Advisory, Wealth Planning, Trust Services, Corporate Lending, Corporate Advisory, and Private Equity.
BBH operates a global business with eighteen locations, including Beijing, Boston, Charlotte, Chicago, Denver, Dublin, Grand Cayman, Hong Kong, Kraków, London, Luxembourg, Nashville, New Jersey, New York, Philadelphia, Tokyo, Wilmington, and Zürich. For more information about Brown Brothers Harriman, please visit www.bbh.com.
BBH is a registered service mark of Brown Brothers Harriman & Co. in the United States and other countries.
1 Includes $22.4 billion in assets managed on behalf of BBH’s Private Banking business. All figures as of 12/31/2014.