Bessemer Trust has named Paul Connolly as new principal and director of its philanthropic advisory services.
In his new role, Connolly will oversee the philanthropic advisory services department and will work closely with clients to help develop and pursue their philanthropic interests, define their grant making strategies and achieve their social impact goals.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Connolly will report to James Kronenberg, managing director and chief fiduciary counsel for Bessemer Trust.
Connolly joined Bessemer from TCC Group, where he served as chief client services officer and senior partner and was responsible for the firm’s non-profit and philanthropy practices. Earlier to this, he served as associate director of Nonprofit Facilities Fund.
Kronenberg said: "Paul brings a wide range of philanthropic experience, including consulting directly with private foundations, advising nonprofit boards, and ongoing participation in the field’s intellectual discourse on many facets of philanthropy."
Bessemer Trust manages US$91 billion for nearly 2,200 clients and provides an integrated approach to the investment, trust, estate, tax, and philanthropic needs of its clients.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
