Jack Ginter to Lead Abbot Downing
March 16 2020 - 8:00AM
Business Wire
Industry veteran tapped to grow the firm’s ultra-high-net-worth
boutique
Wells Fargo & Company today announced Jack Ginter as the
head of Abbot Downing, the boutique business serving
ultra-high-net-worth clients. Abbot Downing is part of Wells Fargo
Wealth & Investment Management.
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Head of Abbot Downing, Jack Ginter.
(Photo: Business Wire)
Ginter has more than 25 years of experience in the financial
services industry, both in corporate lending and wealth management.
He most recently was senior managing director for Abbot Downing,
overseeing regional management, business development, the Legacy
and Wealth Planning Practice, and the Institute for Family Culture.
He joined Calibre, a predecessor firm of Abbot Downing, in 2008
after serving as city executive for U.S. Trust.
Ginter succeeds Jim Steiner, who has assumed a new role in Wells
Fargo Asset Management focused on expanding Outsourced Chief
Investment Officer offerings for clients across Wealth &
Investment Management.
“Abbot Downing is strategically important to Private Wealth
Management and Wealth & Investment Management and offers a
tremendous opportunity for growth as we continue to focus on the
unique needs of ultra-high-net-worth clients across Wells Fargo,”
said Julia Wellborn, head of Wells Fargo Private Wealth Management.
“Jack’s experience and deep connections with our clients and team
put him in a great position to lead this business.”
In addition to his new role leading Abbot Downing, Ginter serves
as an executive advisor to the Wells Fargo Women's Team Member
Network and is a member of the Wealth & Investment Management
Diversity & Inclusion Council. He also was a vice chairman of
the board of directors for the Zoological Society of Philadelphia
and currently is chair of the comprehensive campaign committee and
as a member of the development committee. He earned a bachelor’s
degree in finance from Saint Joseph’s University in
Philadelphia.
About Abbot Downing
Abbot Downing is a leading provider of financial services to
ultra-high-net-worth clients and family offices, as well as
foundations and endowments. Teams of local professionals are
dedicated to each client family to provide specialized knowledge in
asset management; trust, fiduciary, and administrative services;
private banking and custom credit solutions; planning, family
history, family dynamics and education services. As of December
2019, the firm has $46 billion in client assets. The original Abbot
Downing built the iconic stagecoaches that have come to represent
Wells Fargo. Abbot Downing, a Wells Fargo business, provides
products and services through Wells Fargo Bank, N.A. and its
various affiliates and subsidiaries. Wells Fargo Bank is the
banking affiliate of Wells Fargo & Company.
About Wells Fargo Wealth & Investment Management
Wells Fargo Wealth & Investment Management (WIM) is one of
the largest wealth managers in the U.S., with $1.8 trillion in
client assets. WIM includes Wells Fargo Private Bank, serving
high-net-worth individuals and families; Wells Fargo Advisors, the
third-largest brokerage firm in the U.S.; Wells Fargo Retirement,
which administers $388 billion in employer-sponsored retirement
plan assets for more than four million Americans; Abbot Downing,
serving ultra-high-net-worth individuals and families; and with
$495 billion in assets under management, Wells Fargo Asset
Management brings together a strategic balance of investment
capabilities to serve the investment needs of our clients
worldwide: institutions, financial advisors, and individuals. Wells
Fargo Advisors is the trade name used by two separate registered
broker-dealers: Wells Fargo Advisors, LLC, and Wells Fargo Advisors
Financial Network, LLC, Members SIPC, non-bank affiliates of Wells
Fargo & Company.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion in
assets. Wells Fargo’s vision is to satisfy our customers’ financial
needs and help them succeed financially. Founded in 1852 and
headquartered in San Francisco, Wells Fargo provides banking,
investment and mortgage products and services, as well as consumer
and commercial finance, through 7,400 locations, more than 13,000
ATMs, the internet (wellsfargo.com) and mobile banking, and has
offices in 32 countries and territories to support customers who
conduct business in the global economy. With approximately 260,000
team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 29 on
Fortune’s 2019 rankings of America’s largest corporations. News,
insights and perspectives from Wells Fargo are also available at
Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo.
2020 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.
NMSLR ID 399801.
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version on businesswire.com: https://www.businesswire.com/news/home/20200316005126/en/
Media Julie Andrews, 704-914-7770
Julie.Andrews@wellsfargo.com
Vince Scanlon, 336-842-7687 Vince.Scanlon@wellsfargo.com
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