Rockefeller Financial to Form Independent Wealth Management Firm

November 22, 2017

On October 4, 2017, Rockefeller Financial Services announced a new independent financial services firm, Rockefeller Capital Management.

Rockefeller Financial Services, Inc. (“RFS”) will form Rockefeller Capital Management (“RCM”) to focus on wealth management, asset management, and strategic advisory. Gregory Fleming, former President of Morgan Stanley Wealth and Asset Management, will become the CEO of RCM. Viking Global Investors LP (“Viking”) will back the firm along with the broader Rockefeller family and RCM’s management. The terms of the deal were not disclosed.

RFS is the parent company of Rockefeller & Co, which provides asset management services to global institutions, individuals and families, family offices and nonprofit organizations. As of June 30, 2017, Rockefeller & Co had $10.9 billion in assets under management plus another $5.3 billion in advisory assets.

Viking is an investment firm and registered investment adviser with offices in Greenwich, New York, San Francisco, Hong Kong, and London. Viking deals primarily with public and private equity securities and has approximately $25 billion in assets under management.

To read the press release: please click here.


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Investment Manager Strategic Investments, Transactions