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Press release from Business Wire

Evercore Wealth Management Appoints Randy Hustvedt, Managing Director and Wealth Advisor

Thursday, April 21, 2011

Evercore Wealth Management Appoints Randy Hustvedt, Managing Director and Wealth Advisor08:30 EDT Thursday, April 21, 2011 NEW YORK (Business Wire) -- Evercore Wealth Management LLC today announced the appointment of Randy Allison Hustvedt as a managing director and wealth advisor. She joins Evercore Wealth Management from Federal Street Advisors in Boston, where she founded and led the firm's family office practice. Ms. Hustvedt has over 20 years experience in wealth management and finance. She previously co-founded Longvue Advisors and grew the firm to $1 billion in assets under advice before joining Federal Street Advisors in early 2009. She has also worked at FleetBoston Financial, where she ran the wealth strategies group, and at J.P. Morgan in various investment banking and tax structuring positions. She started her career as a tax attorney at Paul, Weiss, Rifkind, Wharton & Garrison in New York. Evercore Wealth Management CEO Jeff Maurer welcomed Ms Hustvedt to the team, noting that her technical and legal background will support the firm's investment advisors, both in the Northeast and across the United States. “High-level professionals are intrigued by our standard of independent advice and investment expertise and our goals-based approach to managing clients' wealth,” said Mr. Maurer. “Randy will be a valuable addition to our team as the firm continues to grow.” Ms. Hustvedt will report to Wendy Barasch, Partner and Head of Business Development, in New York City. She is a graduate of Middlebury College, where she received her Bachelor of Arts, and the University of Chicago Law School, where she received her Juris Doctor. About Evercore Wealth Management Evercore Wealth Management, a subsidiary of Evercore Partners Inc., serves high net worth individuals, families and related institutions, delivering customized investment management, financial planning, trust and custody services. Evercore Wealth Management is a registered investment advisor, with offices in New York and San Francisco. The firm, which was founded in November 2008, manages client assets totaling $2.8 billion, as of March 31, 2011. Additionally, Evercore Wealth Management offers personal trust services to its clients though Evercore Trust Company, N.A., a chartered national trust bank with $34.8 billion in assets under administration, as of March 31, 2011. More information about Evercore Wealth Management and its team of advisors can be found at www.evercorewealthmanagement.com. About Evercore Partners Evercore Partners is a leading independent investment banking advisory firm. Evercore's Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with high quality research, sales and trading execution that is free of the conflicts created by proprietary activities; Evercore's investment management business comprises wealth management, institutional asset management and private equity investing. Evercore serves a diverse set of clients around the world from its offices in New York, Boston, Houston, Los Angeles, San Francisco, Washington D.C., London, Mexico City and Monterrey, Mexico, and Rio de Janeiro and São Paulo, Brazil. More information about Evercore can be found on the Company's Web site at www.evercore.com Kensington Private for Evercore Wealth ManagementSally Catessally@kensingtonprivate.com+1 914 671 5478OrAline Sullivanaline@kensingtonprivate.com+1 203 918 3389 / +44 (0) 7854 885 181Or info@kensingtonprivate.com