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Farther Launches Multi-Family Office, Setting a New Standard for Generational Wealth Management

businesswire.com
GS Mentioned as the former employer of Benjamin Seidenstein, who is joining Farther. The article highlights his success there but frames his departure as part of a move towards a new, client-centric model.

Farther Launches Multi-Family Office, Setting a New Standard for Generational Wealth Management NEW YORK--( BUSINESS WIRE)-- Farther – Intelligent Wealth Management, natively built to unlock greater wealth for clients throughout their financial lives – today launched Farther Family Office (FFO), a bespoke offering for ultra-high-net-worth (UHNW) families. FFO is architected from the ground up to serve the increasingly complex needs of clients with generational wealth. Informed by centimillionaire and billionaire clients, FFO is empowered to act purely in its clients’ best interests – supported by native AI infrastructure to serve clients without the friction associated with traditional institutions’ “bolt-on” technology.

Benjamin Seidenstein, CFA, will lead as Global Head of FFO. A longtime Goldman Sachs private wealth advisor, Seidenstein oversaw over $1.5 billion in client assets and established one of the firm's fastest-growing private wealth practices, advising UHNW entrepreneurs, executives, and private investors.

“Private banking is overdue for a new model – one centered around the clients’ needs, not the institution’s,” said Benjamin Seidenstein, Global Head of FFO. “Farther Family Office meets that need by combining a technology-first foundation with a bespoke advisory model to deliver truly customized solutions and elite service for generational wealth management.”

Farther’s multi-family office gives UHNW families the full experience of a dedicated family office, without the operational complexity. FFO’s flexibility also extends to whom it serves. Unlike traditional multi-family offices, Farther does not impose arbitrary minimums, recognizing that some of the most sophisticated wealth management needs belong to entrepreneurs, creators, and builders whose wealth is still taking shape ahead of major liquidity events.

FFO is built to satisfy the critical demands of growing and stewarding generational wealth:

“The most successful families in the world deserve a wealth management experience as sophisticated as their financial lives,” said Taylor Matthews, CEO and Co-Founder of Farther. “Ben is one of the most respected advisors in the industry, and together we’re building something that’s never existed before: a true family office experience, powered by Farther’s Intelligent Wealth Platform.”

Founded in 2019, Farther manages over $15 billion in assets and supports advisors nationwide. The firm ranks among the top 10 recruiters of financial advisors nationally, according to AdvisorHub, and delivers category-leading advisor satisfaction.

About Farther

Farther is Intelligent Wealth Management. Our Intelligent Wealth Platform is natively built to unlock greater wealth for clients throughout their financial lives. For more information, visit: farther.com.