Family office and ultra-high-net-worth advisory Greycourt & Co. named a new president, added a director for public equity strategies, and hired a new senior associate advisor who will operate in the firm’s first office in San Antonio, TX.
According to a press release published October 2, Managing Director David Wells has been named president of the firm, effective October 1. Wells had been integrated into the firm’s senior team last year following Greycourt’s acquisition of Family Capital Strategy, a consultancy he founded in Nashville, TN. Wells will be expected to drive growth at Greycourt in his new role, while also continuing to perform his responsibilities as a senior advisor.
The Pittsburgh-based firm has also recruited Reedhina Parekh as director specializing in public equity strategies within the firm’s manager research group. Parekh previously worked as senior director in public markets at NorthShore University HealthSystem and has 17 years of experience in the investments industry.
In San Antonio, TX, Greycourt opened a new office with the addition of Senior Associate Advisor John Bownds from Baker Tilly, where he previously worked as senior valuation consultant for four years, according to his LinkedIn profile. Bownds has worked in financial analysis and consultancy for over a decade, primarily in Texas, but will also be expected to cater to clients elsewhere in the US.
View the press release here.
