Bessemer Trust Names Jeff Glowacki as Region Head for the West Coast and Robert Ludricks Regional Director of Los Angeles Office

NEW YORK, March 3, 2014” Bessemer Trust has appointed Jeff J. Glowacki, Managing Director, as its Western Region Head. He is based in the firm's Los Angeles office and reports to George Wilcox, President. In a related appointment, Bessemer has named Robert L. Ludricks, III, Managing Director, as Regional Director of its Los Angeles office. He reports to Mr. Glowacki. Mark Lipson recently retired as the Western Region Head, and he remains a Senior Advisor to the firm.

Jeff Glowacki

Mr. Glowacki oversees all client service and relationship initiatives that originate from Bessemer's Los Angeles and San Francisco offices.

Previously, he managed Bessemer's Los Angeles office as Regional Director and Managing Director, where he supervised several teams of client advisors. "Jeff has worked directly with high net worth clients for close to a quarter century and has extensive experience in the western region helping multi-generational families steward their wealth.", said Mr. Wilcox.

Prior to joining Bessemer in 2005, Mr. Glowacki was a Senior Vice President and Regional Manager for Comerica Wealth Management based in Beverly Hills. Before that he was a Western Regional Manager for J.P. Morgan after spending 10 years with Citibank Private Bank in Los Angeles and New York.

Mr. Glowacki has an M.B.A. in Finance from the Anderson School at UCLA. He received a Bachelor of Science degree in Business Administration and International Finance from USC.

Robert L. Ludricks, III

Mr. Ludricks is responsible for managing several teams of client advisors to deliver investment management, legacy planning, trust administration, tax planning, real estate advisory, private banking, and other financial services to clients. He also oversees all new business activity in the southwest. He joined Bessemer in 1997 and most recently was a Senior Client Advisor based in New York. He began his wealth management career as a client advisor at U.S. Trust.

According to Mr. Glowacki, Bob's background across virtually all aspects of wealth management will prove valuable to clients served from our Los Angeles office.

Mr. Ludricks, a Certified Financial Planner, earned an M.B.A. with distinction from the Johnson Graduate School of Management at Cornell University and a B.B.A. from Bernard M. Baruch College.

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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