With a 25-year career in the wealth management industry, Jack Petersen is a recognized leader and business builder. He started his financial services career in the Morgan Stanley MBA training program as an Advisor to financially successful individuals and families and has enjoyed a variety of leadership positions over his career. This wide ranging experience set has ideally prepared him for his current role.
Jack is the Managing Partner of Summit Trail Advisors and one of the firm’s six founding executives. In 2015, this team of six established the firm as an industry-leading wealth management boutique to provide an exceptional client experience and superior investment results for the ultra-high-net-worth market. Many of Summit Trail’s clients include highly successful entrepreneurs, business owners, and private investors. As a testament to the firm’s philosophy and achievements, Summit Trail was recognized by Barron’s in 2017 as one of their Top 30 Registered Investment Advisors.
At Summit Trail Advisors, Jack provides overall leadership direction for the firm’s long-term business strategy, which includes acquiring other RIA firms and advisor team lift-outs from banks and broker/dealers. He’s known as Summit Trail’s culture cultivator and works with a small management team to oversee the firm’s day-to-day operations. He also continues to lead a team of advisors serving a group of clients who rely on his extensive wealth management expertise.
Prior to founding Summit Trail Advisors, Jack was a Managing Director and Head of the Americas for Barclays Wealth and Investment Management Division, which focused on the needs of ultra-high-net-worth families. Jack had joined Barclays as part of its acquisition of the Lehman Brothers Private Investment Management business. He played a critical role in the negotiation of this acquisition.
At Lehman Brothers he held various positions, including Global Head of Private Investment Management, having risen to that post after holding the titles of National Sales Manager and U.S. Head of Private Investment Management. Earlier in his career, Jack was a Principal at Morgan Stanley.
Jack earned an MBA from the Amos Tuck School of Business Administration at Dartmouth College. He is also a graduate of the University of Minnesota, where he earned a B.S in Finance from the Carlson School of Management.
Jack values his time with family, living with his wife and two sons in Ridgewood, NJ. An avid outdoorsman, Jack enjoys golf, running, hiking, camping, hunting, fishing and continues to mow his own lawn.