Family Office
Law firm restructures wealth-management practices

Philadelphia-based Schnader puts high-net-worth groups under one umbrella. Law firm Schnader Harrison Segal and Lewis (SHSL) has formed a tax and wealth-management department to consolidate its trust, estate, tax and business-service practices.
"This is a logical re-organization that better aligns the practice groups," says Schnader's chairman Ralph Wellington. "This new structure will allow for better oversight and will give our clients the advantage of having all the necessary perspectives and areas of expertise available to them."
Makes sense
Bruce Rosenfield, formerly chairman of Schnader's trust and estate department, heads the new department. Mark Carlidge takes Rosenfield's spot in the trust group; Carolyn Nachmias leads the tax and business-planning unit.
Rosenfield says expanding the high-net-worth parts of Schnader fits with the way these individual practice areas have been evolving and gives it a better chance to meet its "clients needs and desires."
Before this re-organization Schnader's tax team had straddled several practices, including trust and business services.
In addition to its headquarters in Philedelphia, Schnader has offices in Pittsburgh, New York, San Francisco, Washington, D.C., Cherry Hill, N.J., and Wilmington, Del. -FWR
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