PHILADELPHIA, PA—Brown Brothers Harriman & Co. is relocating September 15 to new office space at One Logan Square in Philadelphia, the city in which the firm was founded in 1818. BBH will relocate to Logan Square from Walnut Street. It will occupy more than 20,000 square feet of newly renovated space at its new location.
Brown Brothers moved to the 1500 block of Walnut Street in 1927, so it could be close to the Philadelphia Stock Exchange, which had relocated to 1411 Walnut in 1913.
“We have been in Philadelphia for 196 years, and in our location on Walnut for almost 90 years, so there's a lot of great history here,” says Carl Cutler, partner and head of Private Banking in Philadelphia. “But we are also a forward-looking organization and are excited to move to a new, modern location befitting of our contemporary firm.”
In Philadelphia, BBH focuses primarily on private banking, offering corporate loans, advice and private equity capital to middle-market businesses, as well as investment and wealth planning services to high-net-worth individuals and families.
“Substantial private businesses and their owners are essential to the fabric of our communities and regional economy,” says Clark O'Donoghue, managing director in Philadelphia. “Our objective for nearly two hundred years in Philadelphia has been to serve as trusted advisor to business owners and those with substantial wealth, and we look forward to continuing to serve our clients in our new home.”
One Logan Square is owned by Brandywine Realty Trust.
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