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HEWITT WEALTH MANAGEMENT
HEWITT WEALTH MANAGEMENT was established in 1988 by Charles H. Hewitt, a veteran of the New York advisory community.
HEWITT WEALTH MANAGEMENT
HEWITT WEALTH MANAGEMENT was established in 1988 by Charles H. Hewitt, a veteran of the New York advisory community. The firm transitioned across decades from tax and estate planning roots into a full-service multi-family office serving a concentrated book of Northeastern families. Charles Hewitt's son, H. Blair Hewitt, joined the business and now holds the Executive Vice President role, marking a deliberate intergenerational succession — the practice is one of the smaller, privately held multi-family offices in the New York metro area that has not been rolled up into an aggregator platform. Investment strategy centers on multi-asset discretionary management across equities, fixed income, and alternative investments. The firm constructs custom portfolios for each family rather than slotting clients into centralized model portfolios, a posture that demands high advisor-to-client ratios. Public disclosures suggest exposure to private equity and real estate through limited partnership interests, though specific fund names are not public. The geographic footprint is concentrated in the tri-state area — New York, New Jersey, and Connecticut — with no disclosed international offices or non-US client mandates. The firm maintains a lean structure with Charles and Blair Hewitt as the named principals. An in-house investment research capability supports asset allocation and manager selection, a feature that distinguishes it from pure planning shops that refer investment management externally. No disclosed adjacent vehicles such as philanthropic foundations or real-asset arms exist in the public record. The 2020s era has not produced publicly reported personnel additions, fund launches, or strategic pivots for the firm. What distinguishes Hewitt from larger multi-family offices like Bessemer or Hawthorn is its deliberate non-institutional posture. The firm has not expanded headcount aggressively, taken outside private equity capital, or launched proprietary fund vehicles — a restraint that aligns with its identity as a two-generation family business advising other families through concentrated, relationship-driven portfolios. The succession structure from Charles to Blair Hewitt represents the key operational architecture for the next phase of the practice.
General information
Firm type
Multi Family Office
Year founded
1988
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Charles H. Hewitt
President & CEO
H. Blair Hewitt
Executive Vice President
Sector focus
Frequently asked questions
Who runs investment decisions at HEWITT WEALTH MANAGEMENT?
Charles H. Hewitt serves as President and CEO, overseeing the firm's investment philosophy and client relationships. His son, H. Blair Hewitt, is Executive Vice President and participates in portfolio construction and research. The firm maintains an in-house investment team rather than relying solely on external investment committees, though the exact split of decision-making authority between the two principals is not publicly detailed.
How does HEWITT WEALTH MANAGEMENT source clients?
Client acquisition appears entirely referral-driven, consistent with a multi-decade private advisory practice in the New York metropolitan area. The firm does not advertise, maintain a visible content marketing presence, or participate in industry rankings. The client base was historically built from families who accumulated wealth in financial services and corporate executive roles in the Northeast corridor.
Is HEWITT WEALTH MANAGEMENT a single-family office or multi-family office?
It operates as a multi-family office advising multiple unrelated families, though the firm is itself a family-run enterprise. The Hewitt family — Charles and Blair — own and operate the advisory business, a structure sometimes called a family-run MFO. This is distinct from a single-family office that exclusively manages one family's capital.
Does HEWITT WEALTH MANAGEMENT invest in private equity or alternatives?
Yes. The firm's multi-asset approach includes private equity and real estate exposure, typically accessed through limited partnership commitments to third-party funds. Direct co-investments and proprietary deal-by-deal vehicles are not a known part of the strategy. Specific fund relationships or vintage-year commitments have not been publicly disclosed.
How is HEWITT WEALTH MANAGEMENT different from a large private bank?
Unlike a private bank where advisors may manage hundreds of relationships, the Hewitt practice constructs individually tailored portfolios for a concentrated number of families. The firm does not distribute proprietary bank products, has not taken outside capital, and retains full ownership within the Hewitt family — a structural independence that large bank-affiliated multi-family offices typically cannot match.
What is the succession plan at HEWITT WEALTH MANAGEMENT?
The succession is already in motion: Blair Hewitt has assumed the Executive Vice President role alongside his father Charles. The firm has not announced external hires or a private equity transaction that would signal a near-term ownership transition. The second-generation presence suggests continuity of the practice under family control for the foreseeable future.
Where does HEWITT WEALTH MANAGEMENT's underlying operating revenue come from?
Revenue is generated through asset-based advisory fees on the discretionary portfolios it manages for client families. The firm likely also charges separate fees for financial planning and tax coordination services. No publicly reported revenue or margin figures exist for the privately held practice.
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