Five Eleven Partners Launches to “Redefine” Multifamily Office Space
A newly launched wealth management firm, founded by a group of veteran financial professionals, has entered the market, aiming to deliver tailored, all-encompassing financial services to ultra-high-net-worth families.
Five Eleven Partners was established by Andrew Crofton and Scott Essex. Crofton, a former senior executive at Klingenstein Fields Advisors, BNY Mellon, and J.P. Morgan, identified a chance to build a more customized approach to family wealth management.
“Wealthy families deserve an intimate, single family office experience,” Crofton explained. “We’ve established Five Eleven Partners as a centralized platform that offers comprehensive services while maintaining a laser focus on our clients’ specific needs.”
Five Eleven Partners, with offices in New York, Chicago, West Palm Beach, and San Francisco, aims to provide exclusive private investment opportunities—such as alternative assets, private equity, and venture capital. The firm will deliver a full range of services, including investment advisory, tax and estate planning, wealth advisory, and family office administration.
Five Eleven Partners’ leadership includes CIO Gil Calderon, formerly of M4 Capital Management and Mesirow Financial, Essex, who will oversee private investment offerings after leading global private debt at Partners Group, and Keith Feinberg, chief wealth strategist, with prior roles at Seven Mile Advisory and Cerity Partners.
Pictured: Andy Crofton, Founder, Managing Partner