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PENSCO Blog

PENSCO Blog

Fresh alternative asset insights and the latest news on real estate and private equity investing.

Richard Immesberger

President

As President, Richard (Rich) is responsible for leading all of PENSCO in setting and executing strategy aimed at innovation and growth. 

Previously, he was National Head of Trust and Estate Services, BMO Private Bank. In addition, he was Chair of the Board and CEO of BMO Delaware Trust Company since 2016.  Rich has 30 plus years of experience in financial services including senior executive roles at UBS Trust Company and WSFS Bank.  He has also served as a Private Client Advisor at Bank of America and founded a multi-client family office and an open architecture investment firm focused on managing private client assets.

Rich is an active not-for-profit volunteer and has served on many not-for-profit boards including McCarter Theatre Associates, Young Audiences of NJ, The Charlotte Trolley, Providence Day School Board of Advisors, The Delaware Art Museum, Westminster Presbyterian Church, Laguna Art Museum, and the Luminarts Cultural Foundation. 

Rich earned his Bachelor of Business Administration Degree in Finance and Investments from the City University of New York’s Baruch College.   He is also an honors graduate of the Stonier Graduate School of Banking at the University of Delaware.

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