WEST CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Hirtle Callaghan, one of America’s largest independent investment offices and recognized pioneer of the fast-growing OCIO service model (Outsourced Chief Investment Officer), has opened new offices in Scottsdale, AZ and Minneapolis, MN. The opening of these offices underscores the firm’s commitment to philanthropic families and mission-driven institutions in these important communities. It also marks the successful integration of two investment teams who joined the firm from Abbot Downing in 2021.
Hirtle Callaghan’s Scottsdale office in Paradise Valley is conveniently located in the Scottsdale Spectrum Complex on North Scottsdale Road. The Minneapolis office is located in the 10 West End Building, one of the newest office buildings in the Twin Cities’ vibrant West End district, five miles west of downtown.
The smooth integration of these new teams is a testament to their fit with Hirtle Callaghan’s culture of high-touch professional service, according to Jim Morris, Hirtle Callaghan’s Director of Corporate Development. Jim noted, “Acquiring like-minded RIAs with a clear commitment to clients and a drive to deliver even more sophisticated investment solutions is an important part of our corporate strategy. Our size, experience and culture make Hirtle Callaghan an ideal partner for RIAs who want to take their practice to the next level.”
John Fabie, a Director in the new Minneapolis office, said, “We were attracted to Hirtle Callaghan because of our shared passion for supporting clients’ missions with cutting-edge investment solutions. Our transition was easy and our clients feel as cared for as they always have. The new office emphasizes Hirtle Callaghan’s long-term commitment to us, our clients and our region.”
In Scottsdale, the team celebrated their office opening with an open house this past November, bringing together over 50 clients and friends. Hirtle Callaghan Executive Chairman Jon Hirtle attended with his wife Debby, noting “We could not be more excited to have our new teams fully integrated into the firm.”
Denise McClain, a Director in the new Scottsdale office, echoed this sentiment, adding “Our clients love working with a privately owned, independent firm with a 35-year record of serving clients just like ours. Everyone at the firm is accessible and eager to help. The highly skilled, amazingly personable transition team in our Philadelphia headquarters made transferring assets smooth and efficient. Everyone at Hirtle Callaghan made us feel that we were an important part of the firm from the moment we joined.”
John Fabie and Kyle Jorgensen have a long-standing relationship with the Guthrie Theater, who became a Hirtle Callaghan client after a thorough search process last year. James Haskins, Managing Director of the Guthrie, said, “With years of experience in the OCIO space and a deep understanding of nonprofit structures, Hirtle Callaghan demonstrated an outstanding ability to manage the Guthrie’s portfolio and a clear commitment to providing an abundance of resources to enhance our Investment Committee’s understanding of investment strategy, including an in-depth investigation of ESG and SRI practices. We look forward to continuing to work with our team in the Minneapolis office while benefiting from the expertise of the entire firm.”
About Hirtle Callaghan
Since 1988, Hirtle Callaghan has been serving as Chief Investment Officer for philanthropic families and mission-driven institutions nationwide. As one of America’s largest independent investment offices, Hirtle Callaghan is known for its passionately client-centric culture, a low client-to-professional ratio, high-touch professional service and exceptionally strong investment capability. Relying on its own internal expertise as well as earned access to extraordinary specialists from around the world, Hirtle Callaghan serves over 200 philanthropic families and essential non-profits, designing and implementing sophisticated, custom, private and public market investment solutions for each client.
For more information about Hirtle Callaghan, please visit www.hirtlecallaghan.com and follow us on LinkedIn. To learn more about how Hirtle Callaghan is integrating wealth management firms, please contact Jim Morris at jmorris@hirtlecallaghan.com. For media inquiries, please email press@hirtlecallaghan.com.
