Bessemer Trust Opens Office in Dallas.Business Editors DALLAS--(BUSINESS WIRE)--June 26, 2001 David Holmes and Jeff Parker Join Wealth Management Firm Bessemer Trust Company N.A., a leading wealth management and investment advisory firm, announced the opening of its Southwest Regional Office. The new Dallas office positions Bessemer Trust in an important and underserved financial services market for high-net-worth individuals. Bessemer also announced the appointment of David K. Holmes as Managing Director and Senior Resident Officer and Jeffrey T. Parker as Principal, Client Account Management and Client Acquisition Group in Dallas. "Bessemer Trust has a long history of serving clients in Dallas and throughout Texas and the Southwest," said Frank Helsom, President and Chief Executive Officer. "Through our new office, we will be better positioned to serve these clients with our full range of services, including asset management, tax, estate, and philanthropic counsel. In the past decade, the Southwest has seen a tremendous generation of new wealth, and is now one of the largest markets in the United States for households with $10 million or more in net worth, so we are excited by the prospect of further growth in this region. We are happy that David Holmes and Jeff Parker, who have been very involved in the wealth management business in Texas, will be joining the Bessemer team." Bessemer Trust, a leader in wealth management for over 90 years, specializes in providing investment counsel and services for those with a net worth of $10 million or more. The Firm also has unique experience in areas, which meet the unique needs of Texan families, such as oil, gas and racing stable record keeping and in-house expertise in real estate, including commercial and farm properties. As Managing Director, Mr. Holmes will be responsible for leading Bessemer's team in the Southwest. "I am excited by the prospect of bringing Bessemer Trust to Dallas," said Mr. Holmes. "From my experience in Dallas, I know that Bessemer's focus on families and wealth transfer will help to fill an important need in this market. What attracted me to Bessemer in particular was its exclusive focus on very substantial families, its private ownership and stability, and its comprehensive wealth management approach. The Dallas office will also give us easy access to the growing wealth centers of the Southwest, including Houston, Austin and Denver." Prior to his appointment at Bessemer Trust, Mr. Holmes was a Managing Director at J.P. Morgan and in charge of its San Francisco office. He is a graduate of the University of Texas at Austin “University of Texas” redirects here. For other system schools, see University of Texas System. The University of Texas at Austin (often referred to as The University of Texas, UT Austin, UT, or Texas , holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Southern Methodist University Southern Methodist University, at Dallas, Tex.; United Methodist; coeducational; chartered 1911. The school's facilities include laboratories for electron microscopy and stable isotopes, a museum of paleontology, and a graduate research center. , an MPA MPA medroxyprogesterone acetate. from the University of Oklahoma University of Oklahoma, abbreviated OU, is a coeducational public research university located in the U.S. state of Oklahoma. Founded in 1890, it existed in Oklahoma Territory near Indian Territory 17 years before the two became the state of Oklahoma. and did a postgraduate fellowship at Harvard University. He is also a Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. and a graduate of the EPBA EPBA European Portable Battery Association EPBA European Professional Beekeepers Association EPBA El Paso Baptist Association (Texas) EPBA Eastern Panhandle Beekeepers Association (West Virginia) program at Columbia University. A former fighter pilot, Mr. Holmes served in the United States Air Force United States Air Force (USAF) Major component of the U.S. military organization, with primary responsibility for air warfare, air defense, and military space research. It also provides air services in coordination with the other military branches. U.S. from 1974 to 1995. "I'm happy that Jeff Parker will be joining me at Bessemer. Jeff has strong connections in this market and understands the unique requirements of this region," said Mr. Holmes. A graduate of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. State University, Mr. Parker holds a law degree from Tulane University and an MBA from the Fuqua School of Business The Fuqua School of Business is the business school of Duke University in Durham, North Carolina. Fuqua (pronounced few-qua) is one of the youngest U.S. business schools affiliated with elite research universities, but has shown strong performance in rankings by business at Duke University. Prior to joining Bessemer Trust, Mr. Parker was the Vice President - Senior Credit Officer at J. P. Morgan Private Bank in Dallas, with responsibility for the Southwest Region and Florida. Mr. Parker was formerly a Portfolio Manager and Senior Fixed Income Investment Analyst at Fidelity Investments in Dallas. About Bessemer Trust Bessemer Trust Company is a unique wealth management and investment advisory firm that has provided wealth management solutions to high-net-worth individuals and select institutions for more than 90 years. The firm supervises assets in excess of $40 billion, and provides a wide range of services including asset management, tax and estate planning Estate Planning The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death. Notes: Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the , fiduciary counseling, family business planning, and targeted philanthropy. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Bessemer also services clients from offices in Palm Beach, Miami, and Naples FL; San Francisco, Menlo Park and Los Angeles, CA; Washington, D.C.; Chicago, IL; Atlanta, GA; Dallas, TX; Woodbridge, NJ; London, England; and the Cayman Islands. For more information on Bessemer Trust Company, please visit www.bessemer.com. |
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