CORNING, NY, Feb. 25, 2016—Market Street Trust Company, a multi-family office providing comprehensive, independent wealth management services for high-net worth families and individuals, announced that it has been named "Best Multi-Family Office" by Private Asset Management (PAM), a wealth management industry publication. The award was in the category of multi-family offices with less than $2 billion in assets under management.
“This is a great achievement for Market Street,” said Marianne Young, President and CEO of Market Street Trust. “Our founding family has provided tremendous vision and leadership, taking significant steps to ensure that Market Street is successful for future generations. We are grateful to them for their outstanding stewardship, and we thank them, our clients and our extraordinary staff for contributing to this wonderful award.”
“Market Street always has been and always will be about the client. Our shared family office structure ensures that client interests always come first. It’s not just our client service, though, that makes us who we are, but all of the services we provide, including world-class investment advice and wealth strategies and planning.”
The PAM awards provide “recognition and rewards for top investment professionals and wealth advisors operating within the private asset management industry,” according to the description of the award on PAM’s website.
Market Street previously won the “Best Multi-Family Office - Client Service” award in the sub-$2.5 billion category at the 2013 and 2015 PAM Awards, and was noted as “Highly Commended” in 2014.
Founded in 1909 and based in Corning, NY, and with offices in New York City, Market Street Trust Company is a client-owned multi-family office providing comprehensive, attentive wealth management services for high-net worth families, many of them spanning multiple generations. Market Street is a private trust company, offering the permanence and objectivity of a corporate trustee, as well as the flexibility of a highly personalized approach. Market Street was the winner of Private Asset Management’s Award for Best Multi-Family Office for Client Service, in the sub-$2.5 billion category in 2013 and 2015, and was named “Highly Commended” in this category in 2014. In 2015, Family Wealth Report named Market Street Multi-family Office of the Year in the sub-$3 billion category.