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Fiduciary Wealth Partners
Fiduciary Wealth Partners was established in Newton, Massachusetts by James K. Cornell and Preston McSwain. The founders drew on prior careers at established...
Fiduciary Wealth Partners
Fiduciary Wealth Partners was established in Newton, Massachusetts by James K. Cornell and Preston McSwain. The founders drew on prior careers at established wealth-management platforms rather than proceeds from a single operating-company exit. Cornell remains an active private-equity investor while maintaining his role at the family industrial business. The firm allocates across private equity and mission-related investments. It maintains exposure to North American opportunities and applies an ESG lens to portfolio construction. Client mandates include direct holdings, fund commitments, and philanthropic vehicles. No specific co-investors or named holdings appear in public records. The team includes Chief Compliance Officer Erik R. Marr, appointed March 2025, and research collaborators such as Elisabetta Basilico. James K. Cornell has served as chair of the YPO Family Office Principals Group and held leadership roles at Tiger 21. The firm supports seventeen philanthropic organizations including Partners in Health and the Draper Richards Kaplan Foundation. Governance and succession planning are handled through dedicated family-office structures that separate Cornell Enterprises operations from client mandates.
General information
Firm type
Multi Family Office
Year founded
2012
Location
Region
North America
Country
United States
City
Newton
Corporate office
2310 Washington Street, 3rd Floor, Newton, MA 02462, USA
Principals
Preston McSwain
Principal
Altss tracks 3 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at Fiduciary Wealth Partners?
James K. Cornell serves as Founder and Managing Partner. Preston McSwain and Elisabetta Basilico act as Principals contributing to research and client oversight.
How is Fiduciary Wealth Partners structured relative to single-family offices?
It functions as a multi-family office serving multiple affluent families, trusts, and foundations rather than one lineage.
Does Fiduciary Wealth Partners commit to external funds or focus on direct investments?
Public records indicate activity in both private-equity fund commitments and direct holdings, though specific allocations remain undisclosed.
Where does the underlying wealth originate for the founding family?
James K. Cornell is a seventh-generation owner of Cornell Enterprises, a North American industrial-enclosure manufacturer.
What professional networks does the leadership maintain?
James K. Cornell has chaired the YPO Family Office Principals Group and held leadership positions at Tiger 21. Preston McSwain contributes to CFA Institute publications.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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