Market Street Trust Company, a US-based wealth management firm, is set to open an office in New York City.
The new office, situated at 590 Madison Avenue in Midtown Manhattan, will be headed by Robert Elliott.
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In his new role, Elliott will be responsible for opening the new office and building a team that will be support and work together with the staff based in Corning, NY.
Additionally, Elliott will continue to serve on the board and will report to Marianne Young, Market Street’s president and chief executive officer.
Prior to joining Market Street, Elliott most recently served as a senior advisor and previously as senior managing director at Bessemer Trust. He also developed Bessemer Trust’s private equity investment program, family wealth stewardship program and philanthropic advisory services.
Marianne Young said: "This expansion of Market Street’s operation to New York City enhances our ability to serve our clients in the New York City area and provides proximity to many of our investment managers and advisors."
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