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An apology

CampdenFB would like to apologise unreservedly for an unintentional association in a paragraph in an article published on 14 February entitled “Multi family office faces multiple lawsuits”.

CampdenFB would like to apologise unreservedly for an unintentional association in a paragraph in an article published on 14 February entitled “Multi family office faces multiple lawsuits”.

In that article, CampdenFB stated: "Hap and Ellen Perry – heirs to a publishing fortune – founded GenSpring in 1989. According to the firm's website, they opened the company because they were dissatisfied with the aggressive salesmanship of financial advisers at other family offices: 'The institutions themselves had grown into a hub for the distribution of financial and investment products sold under the guise of advice.'"

Ellen Perry founded Asset Management Advisors, the predecessor of GenSpring. Ms Perry left the company in 1999 and sold her interest in the firm to SunTrust Bank in 2000. She is not a party to any of the disputes described in the article and has had no involvement with the firm since her departure.

Again, we apologise unreservedly for any unintentional association implied or otherwise between Ellen Perry and the GenSpring case mentioned in the article.

Apology, Family Business
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