Chilton Trust, a New York-based trust bank, family office and wealth manager with $8 billion in assets under management, has added five advisors to its team, including new managing director Henry Davison.
Two hires, including Davison, are joining from Bessemer Trust, a larger New York City-based multi-family office that oversees about $200 billion in total client assets.
Davison, former managing director at Bessemer Trust, has joined Chilton’s New York City office in February as a managing director and senior wealth advisor.
Chilton, which works with over 200 families, is focused on high-net-worth individuals, families, foundations, endowments and institutions.
At Bessemer, Davison was senior client advisor, team leader, and vice chair of the firm’s banking and loan committee, which oversees assets and liabilities and a portfolio of loans of more than $1 billion. He started his career in J.P. Morgan’s private banking group.
The other recent hire who was formerly at Bessemer is Jim Chandler. He left a managing director role there to join Chilton in August 2024 as a senior wealth advisor in the Palm Beach, Fl.-based office.
The three other recent hires were:
Bill Kitchel joined in February 2025 as a senior wealth advisor based in Wilmington, Del. He was formerly co-founder, president and portfolio manager of the Millrace Asset Group.
Robert Murphy, a senior wealth advisor in the Palm Beach, Fla.-based office, joined in February. He previously held senior roles at Fiduciary Trust International and Applied Investments.
Drew Beresford joined the firm in August 2024 as a wealth advisor in Charlottesville, Va., the firm’s first hire in the state. He previously worked with Manchester Capital Management, focusing on families, individuals, family offices and foundations.
“Over the past five years, we have seen impressive growth within Chilton Trust through the addition of three new board members and several strategic client and wealth advisory hires, reflecting our commitment to providing high-touch service, which places the client’s goals and needs above all else,” Richard Lockwood Chilton Jr., Chilton’s founder and chairman, said in a statement.
According to a regulatory filing, the firm’s AUM has grown in the past year from about $5.9 billion as of December 31, 2023.