Chilton Investment Co. has started a trust unit to work with ultrawealthy individuals.
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The Stamford, Conn., company, with $6.5 billion of assets under management, opened Chilton Trust Management in Palm Beach, Fla., on Monday.
The unit will provide private wealth management services and portfolio management, including separately managed accounts, tax advice and trust and estate planning.
Garrison Lickle was named president and chief executive of Chilton Trust.
Lickle was regional president of Lehman Brothers Trust Co. and managing director of Lehman Brothers and Neuberger Berman. He joined Barclays Wealth as managing director after Barclays bought Lehman.
