Pitcairn, a long-established multi-family office based in Conshohocken, Pennsylvania, has completed its first-ever acquisition, purchasing Brightside Partners, a Baltimore-based RIA specializing in ultra-high-net-worth clients.
Brightside, led by partners Pace Kessenich, Ryan Pollard, and Justin Bakewell, oversees approximately $2.5 billion in client assets, primarily in non-discretionary advisory services. With this deal, Pitcairn’s total assets under advisement surpass $9 billion. The three partners, along with two additional team members, will transition to Pitcairn.
As part of the acquisition, Pitcairn is launching Pitcairn Wealth Advisors, a newly established RIA under its corporate structure. This entity is