Ex-Abbot Downing head launches UHNW-focused RIA
Former Abbot Downing head Jack Ginter has launched his own independent RIA targeting the ultra-wealthy.
A Form ADV filing from late February indicates that Ginter (pictured) is the majority owner and chief executive of Callan Family Office. Callan Family Office does not list any assets under management in its Form ADV but indicated it will require clients to have a minimum portfolio value of $50m. The firm is headquartered in King of Prussia, Pa.
Wells Fargo hired Ginter in March of 2020 to lead its Abbot Downing division, which was a boutique within the bank and wirehouse that managed money for ultra-high end clients. Almost exactly a year later, Wells Fargo shut down the Abbot Downing brand and merged it into its private bank.