Atlantic Trust Consolidates Baltimore, DC Offices at 1201 F Street, NW in DC
Atlantic Trust, the private wealth management division of Invesco Ltd. (NYSE: IVZ), has moved its Washington, D.C. office to a larger office space at 1201 F Street, NW, bringing together its Washington, D.C. and Baltimore teams to create a new Mid-Atlantic Headquarters.
Managing Director Andrew Nichols will now oversee the firm's Washington, D.C. and Baltimore teams, according to Jack Markwalter, chairman and CEO for Atlantic Trust.
With more than 37 years of industry experience, Nichols has led Atlantic Trust's Baltimore office since 2006. Year to date, the Baltimore office has maintained a 100 percent client retention rate.
Combined, the Washington, D.C. and Baltimore offices had more than $1.0 billion in assets under management (AUM) as of October 31, 2012, increasing AUM by $192 million, or 21.8%, during the past year. The Mid-Atlantic team also has four senior wealth advisors with an average of 29 years of experience, one business development officer and six client service professionals.
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