
Robertson Stephens Continues Northeast Expansion with $285M NJ RIA
Robertson Stephens Wealth Management, a registered investment advisor better known for its Silicon Valley investment banking arm has expanded its Northeast footprint with the acquisition of Haymarket Wealth Management, a Madison, NJ advisory firm with approximately $285 million in assets.
Haymarket’s Founder, Tom Hagerstrom, will join Robertson Stephens as Managing Director and Principal. The firm now has four offices in the Northeast in New York City, Boston, Holmdel, NJ and Madison.
Hagerstrom founded Haymarket in 2012, having previously worked in investment banking at JPMorgan as well as Guggenheim Partners and Bear Stearns.
Citing cultural similarities, Raj Bhattacharyya, Robertson Stephens CEO, said, ““Tom’s integrated, collaborative and comprehensive approach to wealth management is strongly aligned with Robertson Stephens’ culture of delivering exceptional service as a trusted partner to our clients.”
San Francisco-based Robertson Stephens, which manages over $4.1 billion in assets, has added nine advisor teams since 2020 and 16 teams since launching in 2018 with the backing of private equity firm Long Arc Capital.
