Peter Hitt

Managing Director

Peter Hitt is a Managing Director with HWSC. He focuses most of his practice time working with ultra-high net worth families in support of their continuing efforts to evolve the leadership of their family enterprises or family offices and to improve their access to and investment processes related to direct investment allocations.

Over the past three decades, Mr. Hitt has held senior leadership and client service positions in corporate, investment and private banking at SunTrust, Wells Fargo and U.S. Trust. During the immediate past decade while with U.S. Trust, in addition to providing leadership and management support directly to clients’ family offices, Mr. Hitt led the development of a new methodology for thinking, communicating and operating in support of high and ultra-high net worth families and family offices.

His experience also includes senior leadership positions in the private sector with Baker Hughes, Inc. and Landmark Land Co., Inc. where he was heavily involved in merger and acquisition activity.

He is the Chairman of IPP Group, a healthcare technology start-up in collaboration with the University of Maryland. He is also currently a Regional Board Member of The Green Beret Foundation and Gardens for Heroes. He is a Former Board Chair of Maryland Family Network, Inc., a leader in addressing developmental needs of children ages 0 to 3 through education and support of their caregivers. Mr. Hitt is also a Former Co-Chair of the Maryland Anti-Terrorism Advisory Council, the Leadership Team of the Maryland HLS Public/Private Sector Information and Intelligence Sharing System Development Program.

Mr. Hitt received a Bachelors of Arts with Honors in Economics from Tulane University and he completed the Certified Investment Management Analyst Curriculum, Wharton School. He resides in Baltimore and New Orleans and is very active in those communities.

 

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