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Brown Brothers Harriman to Launch Family Office, Expand Trust Business

Contributing Editor

4 August 2006

Brown Brothers Harriman plans to open a series of new trust offices throughout the US, according to reports in the US trade press. Reports also suggest BBH plans to launch a family office service at the beginning of next year. The US wealth manager has earmarked new office openings in Wilmington, Delaware; Chicago and Boston. BBH recently expanded its New York trust business, according to reports. The trust firm has more than $32 billion in assets and offices in New York, Charlotte, Dallas, Palm Beach and Philadelphia.