Rockefeller adds $992 million Truist team in Naples

The Kellam Group, a Naples, Fla., team that came from Truist Investment Services, has joined Rockefeller Capital Management's global family office unit there, Financial Advisor Magazine reported. The team oversees $992 million in client assets, according to an April Forbes listing cited in that report.

The group joins the office Rockefeller opened earlier this year on Florida's west coast, its first in that part of the state. Gordon Kellam leads the group as a private advisor and managing director, alongside private advisors and managing directors Matt Caras and Owen Wilson, with support staff Brad Cherkin, Erica Solas, Sumera Yousaf and Trey Outlaw. The team reports to Kristen Sario, Southeast regional president of Rockefeller Global Family Office, and serves wealthy and ultra-wealthy individuals, business owners and multigenerational families.

"Since opening our office in Naples, we have seen significant momentum, and welcoming The Kellam Group will help continue to drive meaningful growth," Michael Outlaw, president of Rockefeller Global Family Office, said in a statement. Rockefeller, based in New York, reported $237 billion in client assets as of Aug. 31 across its family office, investment management and investment banking businesses. The firm operates in 35 U.S. markets and in London.

The Naples hire follows other employee-channel moves reported Oct. 3, including a Truist team in Charlotte, a seven-person UBS group in Ohio and a $1 billion Morgan Stanley advisor in Olean, N.Y.