# Bartlett & Co Wealth Management

Bartlett & Co Wealth Management is a Multi Family Office based in Cincinnati, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Cincinnati, United States
- **Region:** North America
- **Address:** 600 Vine Street, Suite 2100, Cincinnati, OH 45202
- **Founded:** 1898
- **Assets under management:** $8B – $10B (Altss estimate)
- **Website:** bartlett1898.com
- **LinkedIn:** https://www.linkedin.com/company/bartlettwealthmanagement

## Regulatory record

- **CRD number:** 292246
- **SEC file number:** 801-112635
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/292246

## About

Bartlett & Co Wealth Management opened its doors in 1898, making it one of the oldest independent advisory firms in the United States. The firm operates as a fee-only, fiduciary multi-family office serving high-net-worth individuals, families, and business owners from its Cincinnati headquarters. In 2018, Bartlett joined the Focus Financial Partners partnership, giving it a permanent capital base while maintaining operational autonomy under the leadership of President Holly Mazzocca and CEO Kelley Downing. The underlying wealth it manages is private and geographically concentrated in the Midwest. Bartlett builds bespoke investment programs that combine traditional equity and fixed-income portfolios with exposure to alternative asset classes including private equity, private credit, real estate, and hedge funds. The firm deploys capital primarily through fund commitments and direct co-investments across North America, though specific portfolio company names and fund-level allocations are not publicly disclosed. A dedicated in-house research team, including a Director of External Manager Research and Director of Trading, selects and monitors third-party managers, while Bartlett's own portfolio managers oversee client-level asset allocation and implementation. The firm is indirectly majority-owned by funds affiliated with Clayton, Dubilier & Rice, which acquired Focus Financial Partners in August 2023. Stone Point Capital and KKR hold minority stakes through their Focus investments. Bartlett operates through a management entity, BDB 1898, LLC, and its investment advisory representatives include several multi-decade veterans such as Kenneth Lawrence Schlachter, who has been with the firm's predecessors since before 2018. The professional team is spread across offices in Cincinnati, Chicago, and Louisville. Unlike most multi-family offices that centralize investment decision-making in a single CIO, Bartlett distributes authority across a group of named principals who directly manage key functions — equity research, fixed income, trading, and wealth advisory — while serving a compact base of families in three Midwestern cities. This principal-led structure, combined with its Focus partnership model that separates ownership from management, allows the 125-year-old firm to offer the continuity of a boutique with the infrastructure of a larger platform.

## Sectors

- Private Credit
- Private Equity
- Real Estate
- Hedge Funds

## Offices

- Chicago, IL
- Louisville, KY

## People

- Holly H. Mazzocca — President
- James B. Hagerty — Principal
- Brian F. Antenucci — Principal

## Questions

### How is Bartlett's ownership structured, and does it affect client decision-making?

Bartlett is an indirect, wholly-owned subsidiary of Focus Financial Partners, which is majority-owned by Clayton, Dubilier & Rice funds as of August 2023, with Stone Point Capital and KKR holding minority stakes. Bartlett's principals, including CEO Kelley Downing and President Holly Mazzocca, manage the firm through BDB 1898, LLC, a management entity that retains day-to-day operational control. This structure provides permanent capital for continuity and partner firm resources while keeping investment and client-service decisions with Bartlett's leadership team.

### Who runs investment decisions at Bartlett?

Investment oversight is distributed among several named principals. The team includes a Director of External Manager Research, Director of Trading, Director of Equity Research, and Head of Fixed Income Services, all listed on the firm's website. These principals, along with CEO Kelley Downing and President Holly Mazzocca, collectively shape asset allocation, manager selection, and portfolio construction for clients.

### What is Bartlett's known posture on co-investments alongside external GPs?

Bartlett discloses that it applies a co-investment approach within its alternative asset allocation. The firm selects and monitors external managers while retaining the ability to invest directly alongside them in private equity and real estate transactions. Specific co-investment partners or deal-level details are not publicly disclosed.

## Related profiles

- [Lubar & Company](https://altss.com/profile/lubar-and-company-lubar-family-office)
- [Lupoff/Stevens Family Office](https://altss.com/profile/lupoffstevens-family-office-peter-lupoff-family-office)

---

Last updated: 2026-07-06T00:31:20.112Z

Canonical page: https://altss.com/profile/bartlett-and-co-wealth-management-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology