Key facts A leading, full-service multifamily office
Privately owned and independent, Bessemer Trust has served individuals and families of substantial wealth for more than a century. We bring clients comprehensive wealth planning, investment management, and family office services that help them achieve peace of mind for generations.
Founded by an industrial-age entrepreneur
A self-made man, Henry Phipps understood the challenges involved in creating wealth. As a founding partner and chief financial officer of Carnegie Steel, his innovations matched his work ethic. He also understood the connections between communicating and sustaining values, and growing and preserving wealth for his family. Phipps founded Bessemer Trust with this connection in mind. He communicated his intentions and guidance to each of his children, urging them to spend wisely and work collaboratively to preserve and maintain the family’s wealth and values for generations to come.