Glenmede’s Princeton Office Appoints Frederick O. Young as Vice President and Business Development

Princeton, March 02, 2009

Glenmede announced that Frederick O. Young has joined Glenmede’s Princeton, NJ office as Vice President and Business Development Manager.  He reports to John S. Phillips, First Vice President and Managing Director in Princeton.
 
Previously, Mr. Young was Senior Vice President and Regional Director of Portfolio Management/Investment Strategy at Wachovia Bank N.A. and an Equity Partner at an environmental technology firm.

“In his interaction with wealthy families, Fred has proven himself to be an excellent synthesizer," said Mr. Phillips.  "He combines his extensive knowledge of investments with an understanding of the individual nature of each client’s financial and legacy goals.”  

According to Chip Wilson, Glenmede EVP and Director of Client Services, “At a time when many financial providers are reducing their staff and capabilities, Fred's appointment demonstrates Glenmede's commitment to wealth management and our need to address a continued surge in demand."
 
Mr. Young earned a B.A. at the Wharton School of Business.  He is an Accredited Investment Fiduciary (AIF) and a Certified Trust and Financial Advisor.
 
Mr. Young and his wife, Joy Stocke, reside in Stockton, NJ. Fred is actively involved in the Wild River Review (a non-profit on-line publication) and the J. William and Harriet Fulbright Center in Washington DC.

About Glenmede
Glenmede is among the nation’s leading investment and wealth management firms, with approximately $15 billion in assets under supervision for high net worth families and institutional clients.  Headquartered in Philadelphia, the firm has offices in Princeton and Morristown, New Jersey; Wilmington, Delaware and Beachwood, Ohio.  For additional information: www.glenmede.com.
 
Contact: Kate Barrette, Ben-Abraham Associates, at (212) 867-0134, (JavaScript must be enabled to view this email address).

For more information about Glenmede, please contact us or call Melissa Stonberg, Marketing Communications/Public Relations Manager, 215.419.6602.