From CNBC: 2024-06-13 17:37:35

Christina Lewis, daughter of Reginald Lewis, founder of TLC Beatrice International, launches Beatrice Advisors, a multifamily office aiming to empower next-generation inheritors with education and accessibility in managing their wealth. With $84 trillion expected to pass to younger generations, Beatrice will provide a holistic approach to wealth management, focusing on values and skills.

Beatrice Advisors differentiates itself by welcoming a diverse range of inheritors in terms of race, ethnicity, and gender, and offers a high-tech dashboard for clients to have a unified view of their portfolios. The firm combines the personalized service of a single-family office with the shared resources of an investment firm, specializing in generational wealth transitions and family governance.

Christina Lewis’ personal investing journey began at 7, assisting her father with his stock portfolio. After his death, she worked with wealth managers to build her own aggressive portfolio, focusing on investments she understood, such as Disney and Limited. Frustrated by constantly changing advisors, she established her family office, BFO21, which will share expertise and team members with Beatrice Advisors.

Beatrice Advisors, led by president Meredith Bowen, will prioritize tax efficiency and custom structures, offering investment infrastructure tailored to individual taxpayers. Targeting clients with $25 million to $300 million in net worth, the firm aims to be inclusive and diverse, fulfilling Lewis’ vision of making wealth advice accessible to the next generation like her own, supporting ventures like All Star Code and Giving Gap.

Lewis endeavors to create a client-focused firm aligned with the values and style of diverse clients, hoping to provide a better way of managing wealth for families to be healthier, wealthier, and happier. Beatrice Advisors aims to change the traditional business of managing wealth, empowering inheritors with education, inclusivity, and a holistic approach to asset management in a rapidly evolving world of wealth transitions.



Read more at CNBC: Christina Lewis launches Beatrice Advisors multifamily office