The partner-owned advisory firm Pathstone has agreed to acquire Hall Capital Partners, a specialist ultra-high-net-worth wealth manager with offices in San Francisco and New York.
Founded in 1994 by Katie Hall, Hall Capital advises more than 130 clients who represent approximately $45 billion in assets. In addition to serving UHNW individuals and families, Hall Capital also works with select endowments and foundations.
The acquisition will bring Pathstone's total assets under advisement and administration to nearly $160 billion, and total assets under management to nearly $100 billion.
Following closing, Pathstone will expand its national footprint with a total of 23 offices and over 750 team members — nearly 300 of whom are shareholders of the firm.
Matt Fleissig, CEO of Pathstone, cited Hall Capital's "respected and long-standing" reputation as a leading provider of specialist UHNW advisory services a key driver in the acquisition.
