GLENMEDE & STONEHAGE FLEMING STRATEGIC ALLIANCE

In 2018, Glenmede formed a strategic alliance with U.K.-based Stonehage Fleming, one of the world’s leading independently owned family offices, to expand the multinational services both firms provide to cross-border families of wealth.

You may also be interested in: The Complex World of Families of Wealth

STRATEGIC VISION

Our shared goal is to expand each firm’s client offerings and geographic capabilities while remaining independently owned and privately held. This alliance is a testament to the growing need to serve clients on a global basis.

ANTICIPATING THE NEEDS OF FAMILIES OF WEALTH

Glenmede’s focus is increasingly international to provide support for individual family members living, working and retiring both in the U.S. and abroad. At the same time, Stonehage Fleming clients are increasingly drawn to the stability, regulatory strength and tax environment of the U.S. Regardless of location, multi-generational family clients of both firms require sophisticated strategies to help them manage and protect their legacies as they participate in the largest transfer of wealth in history—estimated to be $68 trillion U.S. dollars over the next 25 years.¹

COMPLEMENTARY SERVICE CAPABILITIES

Glenmede will offer investment and trust services to Stonehage Fleming clients in the United States, and Stonehage Fleming will offer international family office, trust and investment services to Glenmede clients in the U.K., Europe, the Middle East, Canada and South Africa.

STRONG STRATEGIC FIT

In addition to our complementary capabilities and geographic footprints, Glenmede and Stonehage Fleming share a fiduciary heritage that places the client at the forefront. Prior to formalizing our alliance, we developed a working relationship that became the model for how our mutual clients could seamlessly benefit from an expanded range of service offerings.

HISTORY OF INDEPENDENCE 

Glenmede and Stonehage Fleming are the third- and second-largest independent multifamily offices in the world, respectively.² Privately held, our only objective is to deliver the highest standard of personalized service and thoughtful advice to our clients

SHARED VALUES

Both firms have evolved around a set of common values: a commitment to put our clients first; ethical and intellectual integrity; sound stewardship; and transparency and excellence.

COMPATIBLE CULTURES

Each firm maintains a collaborative culture that harnesses the best thinking of specialists and relationship teams. Private ownership allows a long-term view in our investment approach, business planning and operations, which encourages innovation in anticipation of the needs of multi-generational families and flexibility to adapt to external forces shaping those needs.