Business & Finance
Business and Finance
Business and Finance
Thu, December 2, 2010
Wed, December 1, 2010 
ATLANTA--([ BUSINESS WIRE ])--Atlantic Trust, the private wealth management division of Invesco Ltd. (NYSE: IVZ), has combined its two New York offices, into a central location at 1177 Avenue of the Americas in a move that brings together two experienced management teams to better serve the firma™s growing list of affluent clients.
"Moving to a centralized office gives Atlantic Trust greater critical mass and better positions us to continue to grow our presence in New York and the surrounding areas"
aIa™m very pleased to see two of our firma™s leading teams come together in our new, beautiful office space under the ongoing, excellent leadership of President and Chief Operating Officer Eric Propper and Managing Director Marc Keller,a said Jack Markwalter, Chairman and CEO of Atlantic Trust.
aWe see New York as one of the most important high-net-worth markets globally. This strategic move is part of our successful, ongoing efforts to expand our business and become the premier, ago-toa™ wealth management firm.a
Propper and Keller, each of whom has more than 30 years of industry experience, have led Atlantic Trusta™s positive momentum in New York in recent years a" with 15% growth in assets under management since January 2009.
Propper joined Atlantic Trust from J. Bush & Co., after spending 10 years with Shearson Lehman Brothers and E.F. Hutton & Co.
Keller joined Atlantic Trust after serving as president and chief investment officer for Whitehall Asset Management and as founder of Delphi Asset Management.
aMoving to a centralized office gives Atlantic Trust greater critical mass and better positions us to continue to grow our presence in New York and the surrounding areas,a Propper said. aWe will build on our strong foundation of success to take our business forward.a
Prior to the move, Atlantic Trust occupied space in 50 Rockefeller Plaza and 1330 Avenue of Americas. With $3.5 billion in AUM as of October 31, 2010, the combined New York team has 12 senior wealth advisors with an average of 29 years of experience managing client relationships.
Additionally, the office has three business development professionals, one senior portfolio manager for the firma™s investment team, 12 client service administrators and several enterprise support professionals. This team has a long record of delivering high-quality service and customized client solutions. To view biographies for the firma™s New York professionals, please visit [ http://www.atlantictrust.com/ourteam/nyc.html ].
About Atlantic Trust
Atlantic Trust is one of the nationa™s leading private wealth management firms, offering integrated wealth management and investment counseling services for high net worth individuals, families, foundations and endowments. The firm considers clientsa™ financial, trust, estate planning and philanthropic needs in developing customized asset allocation and investment management solutions. Experienced professionals deliver a broad range of offerings, including proprietary investment solutions and a robust open architecture platform of traditional and alternative managers. Atlantic Trust operates in 11 full-service locations throughout the US. With more than $16.8 billion in assets under management (as of October 31, 2010), Atlantic Trust is the private wealth management division of Invesco Ltd. (NYSE: IVZ). For more information, visit [ www.atlantictrust.com ].
About Invesco
Invesco is a leading independent global investment manager, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ.
