Empowering Financial Futures.
We believe every client is a universe of one. Our commitment to clients is guided by our values and driven by the pursuit of excellence.
A True Partnership
When you work with Glenmede, it’s a partnership. This is what makes us different.
2024 Annual Review
Winner: Philanthropy Advice
The Glenmede Difference – Balance of Strength & Size
Privately owned and independent, we have the scale to provide a wide range of expertise and solutions and the resources to forge personal and enduring relationships with each of our clients.
Our Values
Exceptional performance is an obligation that everyone at Glenmede owes to our clients, colleagues, and communities.
Client-focused and forward-thinking, we unite on shared goals and respond to evolving opportunities and challenges.
Our unwavering principles are guided by honesty, forging a reputation that is built on trust.
A Commitment to Fiduciary Values
The Glenmede Trust Company was founded in 1956 for one purpose: to serve in perpetuity as Trustee and Administrator of The Pew Memorial Trust, the initial funding source for the nonprofit now known as The Pew Charitable Trusts.
This was a bold objective and demanded two distinct qualities from the newly established Glenmede Trust Company: an everlasting commitment to fiduciary values and the longevity to fulfill our duties.
Over the decades, we have consistently kept our clients one step ahead in an ever-changing world.
In its first years of operation, Glenmede’s primary responsibility was to administer The Pew Memorial Trust and two additional trusts established by the founders. We realized that the investment platform created for The Pew Trusts could be successfully leveraged to serve other individuals, families, and institutions.
With that in mind, we expanded our wealth advisory expertise into a comprehensive suite of services to include fiduciary, tax and philanthropic services, and financial planning.
In anticipation of our clients’ need to diversify their growing portfolios, we introduced international investment strategies.
We began to supplement our suite of proprietary investment products with external managers. This gave clients access to a wider range of investment styles and expertise, while allowing us to focus on our core investment strengths.
We also introduced private equity and hedge fund strategies and a proprietary venture capital fund to provide clients with unique opportunities for nontraditional sources of return.
To better serve our growing client base, we expanded our presence beyond Philadelphia to include offices in Princeton and Northern New Jersey, Wilmington, Delaware, and Cleveland.
Glenmede introduced quantitative investment strategies to give our clients more flexibility in defining and controlling the risk in their portfolios.
Glenmede Investment Management LP was established to make our family of proprietary mutual funds and separately managed accounts available to a broader group of investors, including corporations, public plans, foundations, endowments, and nonprofit clients.
We formalized two long-standing practices, Endowments & Foundations and Individual & Family Wealth, to better serve the unique needs of those clients.
Our New York City, Washington, DC, and Palm Beach, Florida, offices opened to serve clients and investment partners in these metropolitan areas.
We established a Private Wealth office in Pittsburgh as part of Glenmede’s targeted regional expansion strategy.