Skip Navigation

News Room

NEWS RELEASES AND MEDIA COVERAGE

Inside the Edition: Jim Steiner, president, Abbot Downing - June 2016
In this conversation with Real Assets Adviser, Jim Steiner shares how he moved from the hockey arena to the boardroom, how Abbot Downing has grown 40 percent in the last five years, and talks about today’s challenging tax environment. Source: Real Assets Adviser

After Brexit, the Future is as Clear as London Fog for Minnesota Firms - June 24, 2016
Carol Schleif, deputy chief investment officer for Abbot Downing, is quoted in this article discussing the Brexit implications on investors. Source: Minneapolis Star Tribune

UK's EU "Leave" Vote: Expect Volatility, Stay Invested - June 24, 2016
Read an article on the Brexit vote and implications for investors. Please contact your Abbot Downing relationship manager with any additional questions.

Financial Firms Offer a New Service to Wealthy Clients: Family History - June 13, 2016
Andy Anderson, chief historian at Wells Fargo, is quoted in this article highlighting our historical services offering to clients. Source: Wall Street Journal

Lisa Featherngill Named Private Asset Management's 50 Most Influential Women in Private Wealth - June 15, 2016
Lisa Featherngill, managing director of Planning for Abbot Downing, was again named to Private Asset Management’s (PAM) 50 Most Influential Women in Private Wealth.

Wealth Veteran Jay Goetschius Joins Abbot Downing in New York - June 1, 2016
Jay Goetschius, a 25-year veteran in wealth management, has joined the New York office of Abbot Downing as managing director.

And Then There Was One - June 2016
Abbot Downing is featured in a cover story in the June issue of Real Assets Adviser highlighting the pillars of the business, our core clients, and challenges. Source: Real Assets Adviser
(Copyright © 2016 by Institutional Real Estate, Inc. Material may not be reproduced in whole or in part without the express written permission of the publisher.)

How Historians, Psychologists May Help the Ultrarich Avoid Squandering Fortunes - May 23, 2016
Andy Anderson, chief historian, and Jill Shipley, managing director of Family Dynamics and Education, are quoted in this article highlighting the value of family history and psychologists to help multi-generational families build a lasting legacy. Source: Minneapolis Star Tribune

American College of Trust and Estate Counsel Names Lester Law as Fellow - May 16, 2016
Lester Law, Abbot Downing managing director, client management, has been named as a Fellow in the American College of Trust and Estate Counsel (ACTEC).

Abbot Downing Expands Exit Strategies Services Following 40 Percent Demand Jump - May 12, 2016
Nancy Amick, a senior director recently added to the Family Dynamics and Education team at Abbot Downing, is highlighted in this article. Source: Phoenix Business Journal

Abbot Downing Expands Family Dynamics and Education Services for Family Business Leaders - May 11, 2016
Abbot Downing is expanding its consulting services for family-owned businesses with the addition of Nancy Amick, an executive leadership coach, to focus on succession planning and development of next generation family business leaders.

The Talk: How to Speak to Your Heirs About Money - April 21, 2016
Arne Boudewyn, managing director of Family Dynamics and Education at Abbot Downing, talks about the best time begin to a conversation with heirs about money, and how to go about discussing the delicate subject of wealth and inheritance. Source: Wall Street Journal

Wells Fargo’s Abbot Downing Receives National Honor from Peers - March 17, 2016
Abbot Downing was recognized as the Best National Private Asset Manager at the recent Family Wealth Report Awards. Source: Charlotte Business Journal

Abbot Downing Named Best Private Asset Manager - March 15, 2016
Abbot Downing has been recognized as the “Best National Private Asset Manager” at the third annual Family Wealth Report Awards in New York City.

Museum Celebrates One Family’s Art Treasures - February 24, 2016
David Parker discusses an important sponsorship of the Bechtler Museum in Charlotte. Source: Wells Fargo Stories

Seeking Stability: How Long Can This "Surreal State" Go On? - February 2016
Carol Schleif, regional chief investment officer at Abbot Downing, wrote a by-lined article about market performance. Source: Multi-Unit Franchisee

Abbot Downing Introduces Joe Freeman to Head New Family Office Division - February 18, 2016
Jim Steiner, president of Abbot Downing, comments on the recent strategic addition of Joe Freeman as the head of Family Office Services at Abbot Downing. Source: Campden FB

Top 50 Wealth Management Firms - February 12, 2016
Abbot Downing is ranked sixth among the top wealth management firms in Minneapolis/St. Paul. Source: Minneapolis/St. Paul Business Journal

Mo’ Money, Mo’ Problems: The Rise of Wealth Therapy - February 3, 2016
Arne Boudewyn, managing director of Family Dynamics and Education at Abbot Downing, comments in this article on his team’s work with multi-generational families. Source: Bloomberg

Choose Your Strategy for Wealth Preservation - February 1, 2016
Carol Schleif, regional chief investment officer at Abbot Downing, is quoted in this article discussing the focus on wealth preservation and supporting investment strategies. Source: Think Advisor

Family Office Services Head Named by Abbot Downing - January 21, 2016
Abbot Downing, sharpening its focus on family offices, has named Joe Freeman to a newly created role as senior managing director of Family Office Services.

T. Boone Pickens Lawsuit Shows Worrying Trend - January 20, 2016
Paul Cummings, regional managing director at Abbot Downing, is quoted in this article discussing communication with heirs. Source: Financial Advisor IQ

Generation Gap: Why Millennials have Hooked on to Impact Investing - January 19, 2016
Jill Shipley, managing director of Family Dynamics and Education at Abbot Downing, and Carol Schleif, regional chief investment officer at Abbot Downing, are quoted in this article discussing the familial and portfolio implications of impact investing. Source: Campden Wealth

Avoid These Mistakes When You Hit the Big Jackpot - January 14, 2016
Lisa Featherngill, Managing Director of Wealth Planning at Abbot Downing, comments on common mistakes that could be made when unexpectedly inheriting substantial wealth. Source: Journal of Accountancy

Investors' Roundtable: Twin Cities Pros Look Ahead to 2016 - January 2, 2016
Carol Schleif, regional chief investment officer at Abbot Downing, is featured in this article discussing the 2016 investment outlook with other financial advisors. Source: Star Tribune

Head of Wealth Planning for Abbot Downing Offers Financial Tips for the New Year - December 24, 2015
Lisa Featherngill, managing director of Wealth Planning at Abbot Downing, comments that a good way to start a new year is by understanding your full financial picture. Source: Charlotte Business Journal

Financial Considerations for Collectors of Art, Antiques and the Esoteric - November 27, 2015
Lisa Featherngill, managing director of Wealth Planning at Abbot Downing, is quoted in this article commenting on art as a personal asset, and the importance of discussing the asset with children early on. Source: New York Times

Who Will Inherit What? Don’t Avoid Having That Talk, Advisor Says - November 25, 2015
Jill Shipley, managing director of Family Dynamics and Education at Abbot Downing, discusses the importance of planning, communication, and education of heirs. Source: PalmBeachPost.com

Minneapolis-based Abbot Downing Ranks Among World's Richest Family Offices - November 17, 2015
Jim Steiner, president of Abbot Downing, comments on ranking of Abbot Downing in the recent Bloomberg “Richest Family Offices” article and the culture at the firm. Source: Minneapolis/St. Paul Business Journal

Clients' Succession Planning Woes: It's not Just Business - November 17, 2015
Arne Boudewyn, managing director of Family Dynamics and Education at Abbot Downing, comments on the importance of understanding family dynamics when talking with family businesses about succession planning. Source: On Wall Street

Adding Value for Families Selling Their Businesses - November 4, 2015
Paul Cummings, regional managing director at Abbot Downing, is quoted in the article discussing the value of family governance. Source: Financial Advisor IQ

Abbot Downing names Jason R. Davis Chief Fiduciary Officer - November 4, 2015
Abbot Downing has named Jason R. Davis, an attorney with more than 20 years’ experience in tax and business succession planning, as chief fiduciary officer.

What Spooks Us Most About Money - October 30, 2015
Lisa Featherngill, managing director of Wealth Planning at Abbot Downing, comments on the importance of estate planning. Source: Forbes

After a wild week, Minnesota's stock pros look for more volatility - August 29, 2015
Carol Schleif, regional chief investment officer at Abbot Downing, is quoted in this article discussing last week’s market activity. Source: Star Tribune

Opalesque 2015 West Coast Roundtable - July 2015
Brian Lahart, head of Alternative Investment Research at Abbot Downing, was a featured speaker at the recent Opalesque 2015 West Coast Roundtable. Brian’s commentary on the markets, investment strategies, and managing risk is featured in this report. Please note: The views expressed by those participants who are not directly associated with Wells Fargo are their own and do not necessarily reflect the views of Wells Fargo or its affiliates. Source: Opalesque

Bankers Play a Role as Family Businesses Contemplate the Future - August 21, 2015
Robert Maund, senior director of Eastern U.S. markets at Abbot Downing, and Arne Boudewyn, managing director of Family Dynamics and Education at Abbot Downing, comment on their experiences working with families on planning, governance, communication, and education strategies through the process of selling a family business. Source: Wall Street Journal

Financial Focus: Talking to Adult Children About Money Struggles - August 20, 2015
Arne Boudewyn, managing director of Family Dynamics and Education at Abbot Downing, and Pat Armstrong, senior director of Family Dynamics and Education at Abbot Downing, provide insight on the value of communicating with children about wealth and financial plans. Source: Ahwatukee Foothills News

For Some, Family History can be Traced Through a Bank - July 17, 2015
The Wells Fargo Family History team, which frequently works with Abbot Downing clients, was recently featured on NPR’s Marketplace report. Source: Marketplace

Make Your Family Meeting A Success - July 2015
Pat Armstrong, senior director of Family Dynamics and Education at Abbot Downing, is featured in this article discussing the key objectives to keep in mind when planning for a successful family meeting. Source: Family Business Magazine