Ballentine Partners, LLC

What Ballentine Partners, LLC does

Ballentine Partners, LLC is an independent, employee-owned multi-family office founded in 1984 by Roy Ballentine and headquartered in Waltham, Massachusetts, with additional offices in Boston (MA), Wolfeboro (NH), Rochester (NH), and Palm Beach Gardens (FL). The firm serves ultra-high-net-worth individuals and families ($25M+ in investable assets as the primary segment), single family offices seeking specialized resources, multigenerational households, entrepreneurs, corporate executives, women of wealth, and impact investors, with a stated client range from $4M in liquid assets to over $1B. As of June 2026 the firm advises on more than $32 billion in client assets.

The firm's service offering is organized around three integrated pillars. Investing Services cover private markets (private equity, private credit, real estate, infrastructure), public markets (equity, fixed income, asset allocation), impact investing (since 2007), direct indexing/tax alpha, and Outsourced Chief Investment Officer (OCIO) services. Wealth Advisory integrates financial planning, estate planning, tax planning, and family governance. Family Well-being Services — delivered through the proprietary Center for Family Well-being, the product of a 10-year research initiative resulting in the 'Healthy, Wealthy & Wise' book series — address the human dimensions of multigenerational wealth. The Center for Family Well-being is treated internally as a distinctive research-driven module.

Ballentine Partners operates as a fee-only, fiduciary registered investment advisor with no commission income, generating revenue primarily through recurring investment advisory fees on assets under management and assets under advisement, billed annually per its Form ADV Part 2A. Go-to-market is direct advisor-led distribution supported by a referral network of professional advisors (attorneys, accountants), thought-leadership content (Investment/Wealth/Well-being Insights, podcasts, annual reports), and active participation in industry conferences. The firm has held three consecutive Barron's Top 100 RIA designations (2023–2025), the inaugural CNBC Elite Advisors recognition (2026), and multiple Best Places to Work awards, and is B Corp certified. No external equity ownership, funding rounds, or M&A activity are disclosed; the firm has expanded through organic hiring and a series of Partner/Principal promotions across 2024–2026.

Name

Ballentine Partners, LLC

Legal name

Ballentine Partners, LLC

Website

https://ballentinepartners.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

Ballentine Partners is an independent multi-family office founded in 1984, providing integrated investment management, wealth advisory, and family well-being services to ultra-high-net-worth individuals, families, and single family offices across five U.S. offices.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

akta.pro secondary industries

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments) (FSAAABAH)

Keywords

• Wealth management services
• Investment advisory services
• Multi-family office
• Estate planning services
• Family office services

Headquarters

HQ city

Waltham

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Investment Advisory Fees: Ballentine Partners generates revenue through investment advisory fees charged on assets under management (AUM) and assets under advisement (AUA). As a registered investment advisor (RIA), the firm operates on a fee-only basis, receiving no commission income or compensation based on choice of investments, ensuring fiduciary alignment with client interests.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Ballentine Partners is an independent multi-family office that delivers integrated wealth management through three service pillars: Investing Services (private and public market investment management, impact investing, and OCIO services), Wealth Advisory (goal definition, financial planning, estate and tax planning), and Family Well-being Services. The firm serves ultra-high-net-worth individuals, families, and single family offices, advising on more than $32 billion in client assets.

Product overview

Ballentine Partners operates as an independent multi-family office offering a unified suite of wealth management services. The core offering integrates three interconnected service pillars: Investing Services (comprising Private Investing, Public Investing, Impact Investing, and OCIO Services), Wealth Advisory, and Family Well-being Services. The Center for Family Well-being serves as a specialized research-driven module addressing the human dynamics of multigenerational wealth. The firm serves clients ranging from professionals with $4 million in liquid assets to families with over $1 billion, with $32 billion in client assets under advisement as of March 2026.

Differentiator

Problem solved

Functional benefit

Brands

• The Center for Family Well-being: Established to further understanding of and adoption within the wealth management arena of counterintuitive lessons about fostering true family success amid multigenerational wealth, grounded in 10-year research initiative producing the 'Healthy, Wealthy & Wise' three-book collection.

Products and services

• Investing Services Comprehensive investment management services covering private investing (private equity, private credit, real estate, infrastructure), public investing (equity, fixed income, asset allocation), impact investing, and outsourced OCIO services. Designed for ultra-high-net-worth individuals, families, and family offices seeking sophisticated, multi-asset-class portfolio management.
• Wealth Advisory Holistic wealth management and financial planning services including goal definition, plan development, estate planning, tax planning, and family governance support. Built for ultra-high-net-worth families navigating complex multi-generational wealth decisions.
• Family Well-being Services Services focused on helping families reconcile financial abundance with values and relationships, including parenting guidance, family dynamics support, and multigenerational wealth planning. Designed for high-net-worth and ultra-high-net-worth families seeking guidance beyond pure financial management.
• OCIO (Outsourced Chief Investment Officer) Services

Quantifiable outcome

• Serves clients with $4 million to over $1 billion in assets
• +1 more outcomes

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Flannel, Inc.minorOthers · 10 October 2024Ballentine Partners engaged Flannel, Inc., led by Creative Director John Turner, to produce a film commemorating the firm's 40th anniversary. The creative agency brought a collaborative vision that resonated with Ballentine Partners' goals to present an authentic narrative showcasing the firm's achievements and the people behind them.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Aspiriant: Independent, fee-only RIA serving high-net-worth and ultra-high-net-worth clients with integrated investment management and wealth planning—overlapping service model and target client base.
• Pathstone: Independent, partner-owned family office and RIA serving UHNW families with investment advisory, trust, and family office services. Particularly relevant given Pathstone's acquisition of Federal Street Advisors, where Ballentine's new Chief Wealth Advisory Officer previously served as President.
• Bessemer Trust: Privately held multi-family office serving UHNW families with integrated investment management, wealth planning, and family office services—structurally and in target client profile the closest analog to Ballentine Partners.
• GenSpring Family Offices: Multi-family office serving UHNW families with comprehensive wealth management and family office services—directly comparable target client and service model, originally launched as an independent firm.
• Pitcairn: Multi-family office and investment firm serving UHNW families with holistic wealth management, including private investments and family governance—comparable to Ballentine in scope and segment.
• Glenmede: Independent, employee-owned investment and wealth management firm serving UHNW families and foundations with discretionary portfolio management and family office services—closely matches Ballentine's independent RIA, fee-only MFO model.

Broad incumbents

• Creative Planning: One of the largest independent RIAs in the U.S., rapidly scaling its UHNW practice and competing for the same affluent client base, though with a much broader geographic footprint and product menu.
• Brown Brothers Harriman (Wealth Management): Long-standing private bank and wealth manager serving UHNW families and institutions. Overlaps with Ballentie's MFO service scope but operates as part of a larger, multi-line private banking franchise.
• BNY Mellon Wealth Management: Large wealth manager serving UHNW clients with investment management, banking, and trust services. Competes for the same $25M+ segment but as part of a global custodial bank franchise rather than as an independent MFO.
• Mariner Wealth Advisors: National RIA serving HNW/UHNW clients with investment advisory, tax, estate, and family office services. Active acquirer in the RIA roll-up space, posing both competitive and consolidation pressure on independents like Ballentine.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/2220341
• Xx.com/ballentineprs
• Facebookfacebook.com/ballentinepartners

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Ballentine Partners, LLC