PALM BEACH, Fla.--(BUSINESS WIRE)--Jan 9, 2026--
Glenmede, a privately held and independently owned wealth and investment management firm, today announced the appointment of Joe Coconate as Managing Director and Regional Head of Florida. Based in Glenmede’s Palm Beach office, Mr. Coconate will oversee Glenmede’s strategy and operations across Florida and report to Adam Douberly, Director of Regional Markets.
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As Regional Director, Mr. Coconate will be primarily responsible for elevating Glenmede’s profile in Florida, attracting top talent, and developing relationships with families of significant wealth, family offices, and professional advisors. He will lead a team of planning, fiduciary, and investment professionals dedicated to delivering comprehensive wealth management solutions tailored to the needs of individuals, families, and institutions throughout the state.
Mr. Coconate brings nearly 20 years of industry experience, most recently serving as Director, Senior Banker, at Citi Private Bank, where he advised ultra-high-net-worth clients and family offices on complex wealth strategies. His background also includes leadership roles at Northern Trust Corporation, Bank Leumi USA, and Credit Suisse, with experience spanning investment management, trust and estate planning, and multigenerational family strategies.
“Glenmede has seen both a significant rise in the migration of our existing clients and an increase in interest from prospective clients in the region. Joe brings the experience and leadership needed to support our thoughtful and disciplined growth,” said Adam Douberly. “We are committed to investing in our professional team and delivering exceptional client outcomes as we expand our footprint across the state.”
After four years leading this market, Mark Parthemer will focus on his expanded responsibilities as Chief Wealth Strategist, supporting the tax, estate planning, and fiduciary needs of clients nationally. “Having known Joe for many years, I couldn’t be more excited to welcome him as the leader of what we are building in Florida—a client-focused culture that supports deep customization, empowers financial futures, and embraces sophisticated, long-term thinking,” said Parthemer.
About Glenmede
The Glenmede Trust Company, N.A. (“Glenmede”) is among the nation’s leading investment and wealth management firms. Together with its affiliates, Glenmede oversees $49.3 billion* in assets under management for high-net-worth individuals, families, family offices, endowments, foundations, and institutional clients. Headquartered in Philadelphia, Glenmede has offices in Ohio, Delaware, Florida, New Jersey, New York, Pittsburgh, and Washington, DC. For more information, visit http://www.glenmede.com.
*As of 9/30/2025.
Joe Coconate
