Brings Decades of Sophisticated Estate Planning, Tax and Advisory Experience to the Firm
PHILADELPHIA, June 06, 2022–(BUSINESS WIRE)–Glenmede, a privately held and independently owned investment and wealth management firm, announced the appointment of Mark R. Parthemer as the Florida Regional Director, reporting to Adam Douberly, Director of Expansion Markets for Private Wealth. Mr. Parthemer has also been named Chief Wealth Strategist, reporting to David Plotts, Director of Wealth Strategy and Planning for the firm. Mr. Parthemer is based in Palm Beach, Florida, and is responsible for the continued buildout of Glenmede’s presence in the region.
“Mark’s appointment reaffirms our longstanding commitment to serving current and prospective clients through a team of deeply-experienced professionals,” said Mr. Douberly. “Mark is an established leader in the Florida region and will be highly instrumental in leading our growth and expansion in the market. We are thrilled to have him join the firm.”
Mr. Parthemer is also applying his extensive expertise to Glenmede’s Wealth Strategy team as Chief Wealth Strategist. In this role, Mr. Parthemer is responsible for developing and communicating the firm’s position and strategy concerning sophisticated tax, estate planning and fiduciary matters pertinent to families of significant wealth and their advisors.
“As we plan for our future, we place increasing importance on the benefits that our clients and intermediaries derive from our forward-thinking strategies and the timely communication of those insights. Mark’s reputation as a leading industry strategist will expand opportunities to demonstrate the unique, comprehensive planning capabilities that we deliver to our clients,” said Mr. Plotts.
Mr. Parthemer is a Fellow of the American College of Trusts and Estates Counsel. He is a frequent speaker on complex issues involving estate and trust planning, fiduciary practice and tax developments at national conferences for ACTEC, the American Bar Association, the Heckerling Institute and various other tax institutes across the country. He is the author of numerous articles published in professional journals and is Associate Editor and Columnist for the Journal of Financial Services Professionals.
Prior to joining Glenmede, Mr. Parthemer was Managing Director, Private Client Service, for TIAA, where he led the ultra-high-net-worth group. Previous roles included Managing Director and Senior Fiduciary Counsel at Bessemer Trust Company and Senior Tax professional at PricewaterhouseCoopers.
Mr. Parthemer earned a Bachelor of Arts and Bachelor of Science from Franklin & Marshall College and Juris Doctor from The Dickinson School of Law, Penn State University. He is a member of the Florida Bankers Association Executive Council, Past Chair of the Legislation Committee and Incoming Board Chair. He is also Group Vice Chair of the American Bar Association, RPTE Non-Tax Issues, and a member of the Palm Beach County Estate Planning Council.
The Glenmede Trust Company, N.A. (“Glenmede”) is among the nation’s leading investment and wealth management firms. Together with its affiliates, the company oversees $45 billion of assets under management for high-net-worth individuals, families, family offices, endowments, foundations and institutional clients. Headquartered in Philadelphia, the firm has offices in Ohio, Delaware, Florida, New Jersey, New York, Pittsburgh and Washington, DC. For further information, please visit www.glenmede.com
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