Brown Brothers Harriman & Co. expands wealth management and multi-family office team in Houston
Brown Brothers Harriman & Co. (BBH), a leading privately held financial institution, announced a significant enhancement to its Wealth Management and Multi-Family Office services in Houston, Texas. With the strategic hiring of Matthew Summers and Matthew Moncrief as Managing Directors on the Relationship Management team, BBH underscores its deep-rooted commitment to serving the sophisticated needs of high-net-worth individuals, families, private business owners, as well as local endowments, foundations, and non-profit institutions.
The expansion reflects BBH’s growing business in Houston and across Texas, signaling a steadfast dedication to this crucial market. Matthew Summers and Matthew Moncrief bring a wealth of experience and a strong partnership of 12 years to BBH. Their expertise in advising ultra-high-net-worth clients on investing, wealth planning, and banking needs aligns perfectly with BBH’s mission. Before joining BBH, both held positions as Client Advisors at Hightower Advisors, following their tenure at Salient Partners, thereby enriching BBH’s team with their profound knowledge and experience in wealth advisory.
Bill Hyder, Partner and Head of the Southeast Region at BBH, expressed enthusiasm for the new hires, highlighting their arrival as a testament to BBH’s commitment to excellence in serving the financial and advisory needs of its clientele in Houston, across Texas, and the South. Hyder’s remarks underscore the firm’s ambition to be the preeminent trusted advisor in the region, marking a new chapter of growth for BBH in the Houston market.
BBH’s presence in Houston was solidified in 2021 with the opening of its office and the hiring of Ianni Palandjoglou, Managing Director in its Corporate Advisory and Lending practice. Palandjoglou’s work with private businesses and their owners further cements BBH’s role as a critical advisor and capital provider in the area.
Moreover, BBH’s team members actively engage in civic and philanthropic efforts, reflecting the firm’s deep ties and commitment to the Houston community. By participating in various boards and regional philanthropic activities, BBH professionals demonstrate their dedication not only to financial advisory but also to meaningful community involvement.
The strategic expansion of Brown Brothers Harriman & Co.’s Wealth Management and Multi-Family Office team in Houston is a clear indication of the firm’s intention to deepen its roots and extend its services in Texas. By bringing on board seasoned advisors like Matthew Summers and Matthew Moncrief, BBH is well-positioned to cater to the complex needs of its clientele with a more personalized and comprehensive approach. This move not only reinforces BBH’s presence in a key financial hub but also signals its readiness to address the evolving demands of the wealth management landscape. Through such strategic hires and dedicated community engagement, BBH is set to further its legacy as a trusted advisor for generations to come.