Alfonso Baigorri Appointed as Head of Bessemer Trust's Miami Office

NEW YORK, March 12, 2014 - Bessemer Trust today announced that Alfonso Baigorri has joined the firm as a Managing Director and Regional Director, to lead the firm's Miami office. He will report to Michael Marquez, Managing Director and Florida Region Head.

Mr. Baigorri has more than 20 years of experience in the banking and legal fields. Throughout his career, he has advised American and foreign ultra-high-net-worth families with a specific focus on tax minimization strategies and implementation of estate plans for families with both United States and foreign status assets. At Bessemer, Mr. Baigorri will be responsible for advising wealthy families and individuals who could benefit from the firm's private wealth management capabilities.

"Alfonso's depth and breadth of experience managing assets and implementing estate plans will help to strengthen Bessemer's ties to ultra-high-net-worth families and individuals in southern Florida and across Latin America," said Mr. Marquez.

Mr. Baigorri joins Bessemer from JPMorgan Private Bank, where he most recently served as a Managing Director in the Latin America Wealth Advisory practice. Prior to JPMorgan, he was in private practice with an international U.S. based law firm, Buchanan Ingersoll & Rooney, and one of the oldest Florida firms, Katz Barron Squitero & Faust, and worked with Banco Santander, in Puerto Rico and Florida.

Mr. Baigorri received his LL.M. in Estate Planning from the University of Miami School of Law, his J.D. from the Interamerican University School of Law, and his B.A. from Boston University.

Mr. Baigorri is a member of The Florida Bar and the Society of Trust and Estate Practitioners (STEP).

About Bessemer Trust

Founded in 1907, Bessemer Trust is a privately owned wealth and investment management firm that focuses exclusively on ultra-high-net-worth families and their foundations and endowments. The firm oversees $95 billion for approximately 2,200 clients and provides an integrated approach to the investment, trust, estate, tax, and philanthropic needs of its clients..

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