Brown Brothers Harriman strengthens family-office team with new managing director

February 10, 2026
  • Capital Partners

Bill Luterman joins BBH with over 30 years of experience in advising entrepreneurs, families, and institutions

Philadelphia, PA – Feb. 10, 2026 – Brown Brothers Harriman & Co. (BBH) is pleased to announce that William (“Bill”) Luterman has joined the firm as a Managing Director. He will provide integrated solutions to families and business owners across key markets with an emphasis on the Mid-Atlantic and New York regions. Bill joins the leadership team of the Philadelphia office along with Joe Chott, Principal and Philadelphia Office Head. His work will span investment strategy, private-capital access, governance frameworks, and philanthropic planning, helping clients align their business, personal, and philanthropic objectives.

“We’re delighted to welcome Bill to the Philadelphia team," said Joe Chott, Philadelphia Office Head. "His broad experience across asset classes and his thoughtful approach to client relationships complement the culture and capabilities we continue to build for families.”

“Bill’s appointment reflects our commitment to expanding BBH’s family-office platform,” said Tom Davis, Partner and Head of the Multi-Family Office business. “His experience advising complex family-office structures strengthens our ability to serve clients.”

With more than 30 years of experience advising entrepreneurs, families, and institutions, Bill brings deep expertise across asset classes, with particular focus on alternative investments. He previously served as Chief Investment Officer and Co-Founder of LGL Partners and Forbes Family Trust, where he led a platform serving business-owner families, philanthropic entities, and institutions, overseeing investment governance, portfolio construction, and strategic asset allocation. He served as Chief Investment Officer and President of a single-family office for a Forbes 400 family member, where he built and directed the firm’s investment platform. Earlier in his career, Bill was a derivatives trader at Goldman Sachs, Banque Nationale de Paris, and Citibank, with roles spanning New York, London, and Frankfurt.

“BBH’s partnership culture and long-term approach mirror the values that have guided my career, including objectivity, alignment, and stewardship,” said Bill Luterman. "I'm looking forward to continuing to further the firm's work in providing clients with the solutions and expertise they need to achieve their goals."

Bill has served as a Commissioner of the Pennsylvania Department of Banking and Securities Commission, as the Governor’s Designee, providing governance oversight for the state’s financial institutions and securities regulatory matters. He has also been active in philanthropic and educational initiatives throughout his career.

About Brown Brothers Harriman

Founded in 1818, we understand first-hand what it takes to steward an institution for the long term. We bring that expertise when helping clients create, grow, and preserve their wealth for generations. As a private partnership, we are uniquely built to put clients first and create success that lasts.

Today, BBH is the trusted and preferred advisor and investor for private businesses and their owners, wealthy families, and sophisticated institutional investors. Through our Capital Partners line of business, we offer multi-family office solutions, investment management, private equity, and corporate advisory and banking services.

We are known for our collaborative, high-integrity, client-first approach where we strive to exceed expectations by helping our clients achieve their definition of success.

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