October 26, 2020
Glenmede Trust Expands Delaware Offering
Philadelphia – October 27, 2020 – Glenmede, a privately held and independently owned investment and wealth management firm with $37 billion in assets under management, today announced the opening of The Glenmede Trust Company of Delaware (GTCDE). By establishing GTCDE, Glenmede extends its presence in the Delaware market and evolves its advisory and service profile to better serve multi-jurisdictional families and international centers of influence, in addition to an existing domestic client base.
The new entity will operate collaboratively yet distinctly from The Glenmede Trust Company, N.A.’s (GTCNA) Delaware office, with GTCDE specifically offering a full suite of highly-tailored, sophisticated investment management and fiduciary services for clients who will benefit from having their financial affairs administered solely in Delaware.
“As a member of the Delaware community since 1999, we are excited to expand the capabilities of our existing full-service Delaware office with the addition of a state-chartered trust company,” said Geoff Rogers, President of GTCDE. “With the opening of GTCDE, we deepen our commitment to serving the changing needs of domestic and internationally-based clients.”
Glenmede is among the nation’s leading investment and wealth management firms with $37 billion of assets under management for high-net-worth individuals, families, family offices, endowment, foundations and institutional clients. Headquartered in Philadelphia, the firm has offices in Ohio, Delaware, New Jersey, New York City, Palm Beach and Washington DC.