Callan Family Office expands its financial administration division

Marcus Baram
Author Marcus Baram

Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.

Feb 26, 2024
9 months ago

To boost its appeal to ultra-high-net-worth families, the Philadelphia-based Callan Family Office is expanding its financial administration division. 

The firm, with nearly $5 billion in assets under management, says it will now offer that division’s services, including bill payments and cash management, to wealthy clients and single-family offices.

The Callan Family Office was launched two years ago by CEO Jack Ginter and currently encompasses 23 partner-owners. Previously, Ginter worked at Wells Fargo as the president of Abbot Downing, its private client business.

“Ultra-high-net-worth clients have complex finances that can make it difficult for them to get a clear picture of what they have, how their assets have performed and how money was spent,” Ginter said in a statement.

As part of the expansion, Callan is hiring Cindy Chase, who worked at Abbot Downing, as its director of financial administration.

Marcus Baram
Author Marcus Baram

Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.