The Glenmede Trust Company, NA

Name

The Glenmede Trust Company, NA

Legal name

The Glenmede Trust Company, N.A.

Website

https://glenmede.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (525920), Trusts, Estates, and Agency Accounts (52592)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Banking & UHNW Wealth Advisory (FSAEABAC)

akta.pro secondary industries

Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF), Estate Planning, Trust Structuring & Governance (FSAAADAF), Charitable Giving & Philanthropic Trust Advisory (FSAEAKAH), Trust, Fiduciary & Estate Planning Services (FSABADAG)

Keywords

• Private wealth management
• Outsourced chief investment officer
• Trust and estate services
• Endowment investment management
• Family office services

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Wealth & Investment Management Fees: Glenmede generates revenue primarily through advisory and management fees charged on assets under management (AUM). As a registered investment advisor and trust company, fees are typically assessed as a percentage of AUM, with the rate varying based on asset level, client type, and service complexity. Revenue is recurring in nature as it scales with AUM base.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

The Glenmede Trust Company, N.A. delivers comprehensive wealth and investment management services to high-net-worth individuals, families, family offices, foundations, endowments, and institutional clients. Its core offerings include Private Wealth Management (integrated wealth planning, investment management, trust and estate administration, and philanthropy services) and Outsourced Chief Investment Officer (OCIO) services for endowments and foundations, supported by a 4-to-1 client-to-employee ratio across nine U.S. offices and approximately $49.4–$50.1 billion in assets under management.

Product overview

The Glenmede Trust Company, NA operates as a boutique wealth and investment management firm offering a multi-product platform centered on private wealth management and institutional services. The core offering comprises Private Wealth Management services for high-net-worth individuals and families, supplemented by OCIO (Outsourced Chief Investment Officer) Services for endowments and foundations. Key product modules include Wealth Planning & Advice (Goals-Based Wealth Management framework), Investment Management (public and private markets), Trust & Estate Planning (corporate trustee services), and Philanthropy & Wealth Education (including Donor-Advised Fund). The firm also operates Delaware Trust Administration through its subsidiary The Glenmede Trust Company of Delaware, and maintains Glenmede Investment Management as a separate entity for institutional clients. GlenmedeConnect serves as the secure client portal for account access. All services are delivered through regional offices across the US with a focus on fiduciary responsibility and long-term client relationships.

Differentiator

Problem solved

Functional benefit

Brands

• Glenmede Donor Advised Fund: Charitable giving vehicle administered in partnership with National Philanthropic Trust, allowing donors to contribute assets, receive immediate tax deductions, and recommend grants over time
• GlenmedeConnect
• Empowering Financial Futures Podcast

Products and services

• Private Wealth Management Comprehensive wealth management services for high-net-worth individuals and families including wealth planning and advice, investment management, trust and estate planning, and philanthropy and wealth education. Delivered through dedicated private wealth advisors across nine regional U.S. offices.
• OCIO (Outsourced Chief Investment Officer) Services Outsourced investment and portfolio management expertise for endowments, foundations, and institutional clients, providing investment insight, disciplined portfolio management, policy development, manager evaluation, and risk management. Backed by 70+ years of institutional investment experience.
• Endowment Investment Management Investment management services for endowments with a dedicated investment partner who shares a fiduciary mindset, supporting long-term mission advancement through endowment-style portfolio management.
• Foundation Investment Management Investment management and fiduciary services for foundations, providing steadfast fiduciary commitment with the organization's interests as priority.
• Family Office Services Resources and advisory services for families of significant wealth, private foundations, and single-family offices, including personalized plans addressing complex situations, integration with investment management, fiduciary services, philanthropy, and wealth education.
• Trust & Estate Planning Professional trustee services and fiduciary administration including multi-generational planning, investment management, wealth transfer implementation, and trust administration with over 65 years of experience.
• Wealth Planning & Advice Goals-Based Wealth Management Review and comprehensive planning services organizing wealth across Lifestyle, Legacy, and Philanthropy categories with customized advisory approaches.
• Investment Management Long-term focused investment management building durable portfolios aligned with client objectives and risk appetite, including public markets, private investments, and fixed income strategies.
• Philanthropy & Wealth Education Integrated approach to philanthropic planning, charitable giving strategies, donor-advised fund services, private foundation advisory, and wealth education for next generations.
• Glenmede Donor-Advised Fund Donor-advised fund offering simplifying charitable giving with immediate tax deduction, flexible asset funding (minimum $25,000 initial contribution, $5,000 for subsequent contributions), and grantmaking over time; administered in partnership with National Philanthropic Trust.
• Delaware Trust Administration Delaware-chartered limited purpose trust company (The Glenmede Trust Company of Delaware) providing trust situs benefits under Delaware's trust-friendly legislation and Court of Chancery for multi-generational wealth planning.
• Sustainable Investing Sustainable and impact investing capabilities offering customized portfolios aligned with environmental, social, and governance values across public and private markets; focus areas include broad sustainability, climate change, inclusion, and empowerment.
• Glenmede Investment Management Separate entity (GlenmedeIM.com) serving institutions, consultants, and financial advisors with institutional investment management services and solutions; distinct from private wealth management operations.

Quantifiable outcome

• Client retention rate: 10-year average (enterprise)
• +1 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• National Philanthropic Trust (NPT)coreStrategic or Co-development PartnerThe Glenmede DAF is offered under a formal agreement between The Glenmede Trust Company, N.A. and National Philanthropic Trust (NPT), a tax-exempt public charity. NPT maintains exclusive legal control over contributed assets, handles tax reporting, and serves as the legal sponsor of the Donor-Advised Fund. Glenmede serves as NPT's investment manager for the Glenmede DAF, managing the investment of contributed assets. The partnership allows Glenmede to offer DAF services while leveraging NPT's regulatory and administrative infrastructure.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Northern Trust: Public, large-cap wealth management, asset servicing, and trust company with deep HNW, family office, and institutional capabilities. Competes with Glenmede for the same HNW/foundation segments but at vastly greater scale and broader geographic/international reach.
• BNY Mellon Wealth Management: Major bank-owned wealth and trust franchise serving HNW individuals, families, and institutions across the US. Andy Paterson joined Glenmede from BNY Mellon Wealth, where he held COO and regional president roles.
• J.P. Morgan Private Bank: Global private bank delivering investment management, lending, trust and estate, and banking services to HNW and UHNW clients. Broad incumbent that competes head-to-head with Glenmede for large family and foundation relationships, with materially greater capital, geography, and product breadth.
• Neuberger Berman Private Wealth: Large, public-affiliated private wealth manager serving HNW individuals and families with investment management, trust, and advisory capabilities. Gregory Khost, now Glenmede's NY Regional Director, previously led business development here, indicating direct competitive overlap in the HNW segment.

Direct peers

• Commonfund: Nonprofit asset manager and OCIO provider dedicated to endowments, foundations, and other mission-driven institutions. Directly comparable to Glenmede's E&F OCIO service line in terms of client segment, investment approach, and OCIO lifecycle offering.
• Cambridge Associates: Global investment consultancy and OCIO provider specialized in endowments, foundations, and family offices. Direct competitor for Glenmede's endowments and foundations OCIO and family office mandates, with comparable long-term, endowment-style investment philosophy.
• Brown Advisory: Independent, privately held investment and wealth advisory firm with a sizeable endowments and foundations practice, private client group, and sustainable investing capabilities. Directly comparable across Glenmede's core HNW private wealth and OCIO service lines; recently lost Brigid Peterson (former E&F practice head) to Glenmede.
• Bessemer Trust: Privately held multifamily office and trust company serving HNW and UHNW families with comprehensive wealth advisory, trust and estate, and investment management services. The closest structural analogue to Glenmede, with comparable scale, ownership model, and emphasis on multi-generational fiduciary stewardship.
• Wilmington Trust: Trust and wealth management franchise with deep Delaware trust administration expertise and HNW private wealth and institutional investment services. Closely comparable to Glenmede's Delaware-chartered trust operations and multi-office wealth management footprint.
• Marquette Associates: Independent investment consulting and OCIO firm focused exclusively on institutional clients including endowments, foundations, and pension funds. Comparable scale and competitor for Glenmede's institutional OCIO mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/glenmede
• Xx.com/glenmede

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Glenmede Trust Company, NA