Boston, MA (November 13, 2008) – Silver Bridge Advisors, an independent, objective wealth advisory boutique that provides thoughtful, integrated wealth management solutions, announces the appointment of Deirdre R. Prescott – a 20-year veteran of the wealth management industry – as Director of Client Development. Prescott joins Silver Bridge Advisors from Lehman Brothers where she served as a Senior Vice President in the Private Investment Management Division
As the Director of Client Development at Silver Bridge Advisors, Prescott will focus on building the firm’s business and enhancing the client experience. Working closely with Silver Bridge Advisors’ client teams, Prescott will manage key relationships and help to define and implement the firm’s client experience strategy. Prescott will also be responsible for development and execution of the Silver Bridge Advisors’ business development strategy
“Deirdre’s appointment to Silver Bridge is consistent with the firm’s goals to provide our clients with the highest level of personalized service and demonstrates our ability to continue to attract top industry talent,” says Tom Manning, Chief Investment Officer. “She will be a tremendous asset to our team and we are excited to have her on board.”
Prescott has had a distinguished career of almost 20 years in the wealth management and private banking industries. She has extensive experience working with wealthy individuals, families and family offices, as well as developing customized solutions that integrate her client’s wealth transfer, philanthropic, tax and investment objectives. Prior to her position at Lehman Brothers, Prescott spent more than 17 years with Mellon Financial where she worked to satisfy the wealth management needs of corporate executives, closely held business owners, venture capital partners, family offices, endowments and foundations.
“Deirdre is a veteran of the industry who truly understands the needs of wealthy individuals, families and family offices,” says Steve Prostano, President and Chief Operating Officer at Silver Bridge. “Her expertise and extensive experience in wealth and investment management, coupled with her strong commitment to her clients, sets the bar extremely high for the competition.”
Prescott joins former colleagues Steve Prostano, the President and Chief Operating Officer of Silver Bridge Advisors, and Silver Bridge client advisors Alicia M. André and Kelley Reilly, who were formerly with Mellon Financial/The Boston Company.
“Having conducted a thoughtful selection process with numerous firms ranging from a small financial planning firm to other boutiques, large trust companies and money center banks, I ultimately chose Silver Bridge for its true objectivity and commitment to delivering superior client service,” says Deirdre Prescott. “Silver Bridge has the capabilities of a much larger firm, but is a boutique focused on providing thoughtful, integrated advice and an exceptional client experience.”
“Additionally, having a parent company like WilmerHale – a private, well capitalized, premier law firm who recognizes the need for Silver Bridge to be independent is an incredible advantage these days. I am excited to join this phenomenal team of seasoned professionals - it is truly the best fit for me and my clients,” adds Prescott.
Prescott received her BS in Accounting from Providence College and Master’s in Finance from Bentley College. She is on the Board of the Boston Estate Planning Council and sits on the Greater Boston President’s Council for Providence College.
About Silver Bridge Advisors
For more than 80 years, Silver Bridge Advisors and its predecessors have partnered with successful individuals and families to help them make sound decisions about their wealth. As an independent wealth management boutique with employee ownership, our advisors are completely aligned with our clients needs and offer objective, thoughtful advice and customized solutions that integrate each individual or family’s investment, philanthropic, tax, and wealth transfer objectives. All investment advisory services are provided through Silver Bridge Capital Management, LLC, a registered investment advisor and affiliate of Silver Bridge Advisors, LLC. For more information about Silver Bridge Advisors, please visit us at http://www.silverbridgeadvisors.com.