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Rockefeller & Co., Inc. Appoints Loraine B. Tsavaris Managing Director

Firm's U.S. Ultra High Net Worth Business -

NEW YORK, Sept. 8 /PRNewswire/ -- Rockefeller & Co., Inc. - a leading global wealth management firm serving high-net-worth individuals, families, trusts, foundations and endowments - announced today that it has appointed Loraine B. Tsavaris as a Managing Director of the firm, effective immediately.

In this newly-created role, Ms. Tsavaris will report directly to James S. McDonald, President and Chief Executive Officer of Rockefeller & Co., and will focus on the expansion of the firm's U.S. ultra high net worth business, both organically and through acquisitions. In addition to identifying and helping to evaluate potential transaction opportunities in the U.S. ultra high net worth space, Ms. Tsavaris will also focus on initiatives designed to broaden Rockefeller & Co.'s high wealth exposure nationally, and grow the firm's U.S. high wealth business.

Loraine Tsavaris joins Rockefeller & Co. with 37 years of experience at U.S. Trust, where she served across a range of senior-level positions, with a critical role in growing the company's various high wealth businesses. Most recently, Ms. Tsavaris served as Managing Director and Principal of U.S. Trust's Multi-Family Office Group, where she advised the company's wealthiest clients with the most complex of needs, and developed the company's ultra high net worth business into a national platform.

James S. McDonald, President and Chief Executive Officer of Rockefeller & Co., Inc., said, "We are pleased to welcome an industry veteran such as Loraine with such stature in the ultra high net worth wealth management space. Loraine's decision to join our firm underscores both the tremendous success that we have had in building Rockefeller & Co. into a leader in the wealth management space, as well as the active posture that we are in with respect to continuing to grow our firm. Our ongoing growth and stability, even in the face of challenging conditions for many other players in our space, has allowed us to attract and retain the best and the brightest in the industry."

Loraine B. Tsavaris said, "I am delighted to join Rockefeller & Co., a firm with a long and storied tradition of success in wealth management. When I first began exploring my alternatives in the wealth management space, I had multiple opportunities with a range of institutions. I chose to join Rockefeller & Co. because I believe that the firm has built a platform that is second to none in this space, and is well-positioned for robust growth in the years ahead. I look forward to working closely with Jim McDonald and the rest of the firm's senior management team to capitalize on the firm's tremendous potential."

Rockefeller & Co., Inc.

Headquartered inNew York and with offices inBoston andWashington, DC, Rockefeller & Co., Inc. is a leading global wealth management firm that provides comprehensive wealth and investment management services to a diversified client base of high net worth individuals, families, trusts, foundations and endowments. Independent and privately-owned, the firm has three wholly owned subsidiaries: The Rockefeller Trust Company, aNew York limited purpose trust company, The Rockefeller Trust Company (Delaware), aDelaware limited purpose trust company, and Rockit Solutions, LLC, which provides outsourced back and middle office services to single-family offices, multi-family offices and other high wealth business enterprises. Rockefeller & Co. was incorporated in 1979 and registered with the Securities and Exchange Commission in 1980 as an investment adviser.

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SOURCE Rockefeller & Co., Inc.