Brown Brothers Harriman Partners with Columbia Business School Family Business Program

September 28, 2016
  • Private Banking

As the founding corporate sponsor, BBH will provide Columbia Business School with critical seed funding to develop and scale the program.

New York, NY, September 28, 2016 – Brown Brothers Harriman (BBH) Private Banking today announced its sponsorship of Columbia Business School’s Family Business Program for the 2016 to 2017 academic year, enabling the two parties to collaborate in an area that is a leading commitment for both: partnering with and providing value to family businesses and their owners. As the founding corporate sponsor, BBH will provide Columbia Business School with critical seed funding to develop and scale the program.

The partnership will allow Columbia Business School to leverage BBH’s family business expertise as the program continues to build out its curriculum. As part of BBH’s sponsorship, the firm will provide to the Family Business Program funding for the development of teaching and program materials for current and future classes as well as academic research and thought leadership content on leading, forward-thinking topics related to owning, managing and working with family businesses. BBH’s funding will also support the development of new courses within the Family Business Program.

“One of the things that excites us most about our sponsorship of the Family Business Program at Columbia Business School is that the program is in its early stages, which will allow us to apply our deep subject matter expertise in advising family-owned businesses to help shape its future,” said Carter Sullivan, BBH Partner, Columbia Business School alumnus and a member of the Family Business Program Advisory Board. “BBH has extensive experience working with family businesses and their owners, and we are honored to be able to pass on our insights and advice to the family business community in an educational setting.”

“Brown Brothers Harriman has deep ties with Columbia Business School, and we could not be more thrilled to build on our relationship through the development of a program that aligns perfectly with the mission of our Private Banking business,” said Jeff Meskin, BBH Partner. “We are dedicated to helping and advising family businesses as they build, grow and sell or transition their companies to future generations and to protecting the wealth they have created from those businesses. This is something BBH has exhibited an unwavering commitment to throughout our history, and Columbia Business School’s similar dedication to family businesses makes it an ideal partner.”

The sponsorship will allow the Family Business Program to augment its student experiences and academics, improving the program overall and providing participants with enhanced learning opportunities. Students will get real-world experience through out-of-classroom events – such as the Brown Brothers Harriman Family Business Leadership Speaker Series, where students will connect and interact with top family business leaders and academics – and access to the firm’s extensive knowledge around questions and situations that arise in running or working with family businesses.

“BBH has aided Columbia Business School’s efforts to build out the Family Business Program over the past two years,” said Michael Preston, the program’s co-director and faculty advisor to the Family Business Club, a student club with more than 180 members. “As we reach a turning point in the program’s history, we are excited to partner with a firm that has a long-standing commitment to helping families and their businesses thrive, which in turn will help us attract and educate future leaders of family businesses and those who serve them.”

“Our partnership with BBH will enhance Columbia Business School’s Family Business Program as we move forward in developing our research and curriculum,” said Daniel Wolfenzon, the Stefan H. Robock professor of finance and economics and co-director of the Family Business Program. “Support from BBH will enable us to focus on one of our top priorities: conducting rigorous academic research on critical yet understudied topics related to family-owned enterprises, such as financial, strategic, governance and valuation issues. We aim to be a leader in academic research in the family business field, which will produce knowledge and insights that go far beyond the classroom.”

Funding from BBH will also allow Columbia Business School to focus on adding exceptional teaching resources to ensure that the Family Business Program is a robust, all-encompassing offering that provides students with the tools and knowledge needed to succeed.


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 $26.9 billion in assets under management (AUM) in Private Banking, BBH Investment Management has approximately $58.6 billion in AUM, and the Investor Services business has $4.1 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: Private Wealth Management, Corporate Advisory & Banking and Private Equity.

BBH operates a global business with 18 locations, including Beijing, Boston, Charlotte, Chicago, Denver, Dublin, Grand Cayman, Hong Kong, Jersey City, Kraków, London, Luxembourg, Nashville, New York, Philadelphia, Tokyo, Wilmington and Zürich. For more information about Brown Brothers Harriman, please visit

BBH is a registered service mark of Brown Brothers Harriman & Co. in the United States and other countries.


About the Columbia Business School Family Business Program

The Family Business Program currently serves as the principal umbrella at Columbia Business School for all activities related to family business management and family enterprises, as well as those who advise and serve them. Since its inception eight years ago as an initiative under the auspices of the Eugene Lang Entrepreneurship Center, the program has built a foundation of curriculum, events and other educational programming that enables students to understand the roots of family business dynamics from cultural, psychological and social viewpoints. In the 2015 to 2016 academic year, the program separated from the Lang Center and became a dedicated, formal program of its own, which the university aims to make the preeminent center of its kind globally. The program’s co-directors – Michael Preston, Daniel Wolfenzon and Patricia Angus – and Executive-in-Residence Jack Mitchell are currently focused on transforming a group of targeted courses into a multidimensional program with research, extracurricular and executive education components.

1 Investment Management AUM includes $20.1 billion in assets managed on behalf of BBH’s Private Banking business. All figures are as of June 30, 2016.

Brown Brothers Harriman & Co. (“BBH”) may be used as a generic term to reference the company as a whole and/or its various subsidiaries generally. This material and any products or services may be issued or provided in multiple jurisdictions by duly authorized and regulated subsidiaries. This material is for general information and reference purposes only and does not constitute legal, tax or investment advice and is not intended as an offer to sell, or a solicitation to buy securities, services or investment products. Any reference to tax matters is not intended to be used, and may not be used, for purposes of avoiding penalties under the U.S. Internal Revenue Code, or other applicable tax regimes, or for promotion, marketing or recommendation to third parties. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed, and reliance should not be placed on the information presented. This material may not be reproduced, copied or transmitted, or any of the content disclosed to third parties, without the permission of BBH. All trademarks and service marks included are the property of BBH or their respective owners. © Brown Brothers Harriman & Co. 2021. All rights reserved. PB-04725-2021-07-28

As of June 15, 2022 Internet Explorer 11 is not supported by

Important Information for Non-U.S. Residents

You are required to read the following important information, which, in conjunction with the Terms and Conditions, governs your use of this website. Your use of this website and its contents constitute your acceptance of this information and those Terms and Conditions. If you do not agree with this information and the Terms and Conditions, you should immediately cease use of this website. The contents of this website have not been prepared for the benefit of investors outside of the United States. This website is not intended as a solicitation of the purchase or sale of any security or other financial instrument or any investment management services for any investor who resides in a jurisdiction other than the United States1. As a general matter, Brown Brothers Harriman & Co. and its subsidiaries (“BBH”) is not licensed or registered to solicit prospective investors and offer investment advisory services in jurisdictions outside of the United States. The information on this website is not intended to be distributed to, directed at or used by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Persons in respect of whom such prohibitions apply must not access the website.  Under certain circumstances, BBH may provide services to investors located outside of the United States in accordance with applicable law. The conditions under which such services may be provided will be analyzed on a case-by-case basis by BBH. BBH will only accept investors from such jurisdictions or countries where it has made a determination that such an arrangement or relationship is permissible under the laws of that jurisdiction or country. The existence of this website is not intended to be a substitute for the type of analysis described above and is not intended as a solicitation of or recommendation to any prospective investor, including those located outside of the United States. Certain BBH products or services may not be available in certain jurisdictions. By choosing to access this website from any location other than the United States, you accept full responsibility for compliance with all local laws. The website contains content that has been obtained from sources that BBH believes to be reliable as of the date presented; however, BBH cannot guarantee the accuracy of such content, assure its completeness, or warrant that such information will not be changed. The content contained herein is current as of the date of issuance and is subject to change without notice. The website’s content does not constitute investment advice and should not be used as the basis for any investment decision. There is no guarantee that any investment objectives, expectations, targets described in this website or the  performance or profitability of any investment will be achieved. You understand that investing in securities and other financial instruments involves risks that may affect the value of the securities and may result in losses, including the potential loss of the principal invested, and you assume and are able to bear all such risks.  In no event shall BBH or any other affiliated party be liable for any direct, incidental, special, consequential, indirect, lost profits, loss of business or data, or punitive damages arising out of your use of this website. By clicking accept, you confirm that you accept  to the above Important Information along with Terms and Conditions.

1BBH sponsors UCITS Funds registered in Luxembourg, in certain jurisdictions. For information on those funds, please see

captcha image

Type in the word seen on the picture

I am a current investor in another jurisdiction