#United States #New York #Business Owners #Bernstein #Kim Mustin

Bernstein Private Wealth Management Welcomes Kim Mustin as New Business Owner Segment Leader

On March 31, 2026, Bernstein Private Wealth Management, a subsidiary of AllianceBernstein L.P. (NYSE: AB), announced the notable appointment of Kim Mustin to a national leadership position overseeing their rapidly growing Business Owner segment. This strategic step highlights Bernstein's dedication to providing comprehensive guidance to private business owners, especially during pivotal moments such as selling and monetizing their companies.

In her broader role, Mustin will also continue to manage Bernstein's offerings concerning 401(k) plans and Cash Balance accounts while serving as the Co-Senior Managing Director for the New York Region. Kim reports directly to Rick Meyers, who heads Client Service and Advisory at Bernstein.

Rick expressed his excitement, stating, "I am thrilled to congratulate Kim on this well-deserved expansion of her role. Her proven success with both entrepreneurs and private equity clients positions her perfectly to lead and scale this important platform. Our commitment to supporting business owners is unique, and we trust that with Kim steering our efforts, we will remain a trusted ally for one of our most important and rapidly growing client segments across the country."

Mustin's enhanced leadership role includes spearheading Bernstein’s strategy to interweave insights from the firm's offerings, ensuring clients benefit from a holistic approach to both their business and personal wealth planning needs. Given that 75% of Bernstein’s Wealth Advisors cater to business owners, this expansion underlines the firm's strategic commitment to this customer segment. The firm also provides specific retirement services aimed at mid-sized business owners and private equity firms. By amalgamating these services, Bernstein aims to offer founders an integrated and seamless experience in wealth management.

Significantly, just within the first quarter of 2026, Bernstein reported securing new business from the Business Owner segment that equates to nearly one-third of its total business for the entire year of 2025. This trend illustrates the escalating demand and growth potential within this sector.

Mustin emphasized the importance of these transitions for founders, saying, "For many founders, a liquidity event is a once-in-a-lifetime opportunity that can significantly impact them and their families. However, many embark on this journey without prior experience, having to navigate critical decisions regarding valuation, timing, tax strategies, and the next steps to follow. Our mission is to prepare clients for these transformative moments while supporting their families and ensuring their business's future. I'm excited to broaden my role and provide a modern family office experience that enhances value throughout the entire ownership journey."

With over three decades of experience encompassing both the financial services sector and civil service, Mustin joined Bernstein in 2017 to co-lead the New York City office. Before her tenure at Bernstein, she held senior positions within leading Wall Street firms and spent nearly ten years at the U.S. Treasury Department.

For more than six decades, Bernstein has collaborated with business owners during every step of their journey—ranging from enterprise development and expansion to planning for transitions and preserving multi-generational wealth. The firm's unique blend of expertise in ownership-cycle planning alongside an integrated family office model allows for a robust framework, including investment management, tax and estate planning, philanthropic advisory, and succession planning. These elements work in harmony to equip families for the future.

Additionally, Bernstein hosts exclusive Business Owner Summits and Forums, allowing entrepreneurs and wealth creators to connect, share insights, and navigate the evolving landscape of private markets.

As of December 31, 2025, Bernstein managed approximately $156 billion in assets. Renowned for its holistic approach to addressing the intricacies that accompany wealth, Bernstein stands out among major wealth management firms. By employing a flexible strategy coupled with innovative research, sophisticated modeling, and state-of-the-art investment solutions, Bernstein differentiates itself in the financial landscape. The firm is headquartered in Nashville, TN, and as part of AllianceBernstein, it ranks among the world’s largest investment managers, boasting offices across 26 countries and managing over $867 billion in assets as of December 31, 2025. For further details, visit Bernstein.com.