Shear Family Office
Herb Shear's Single Family Office · Pittsburgh, Pennsylvania
$300M estimated AUM
AUM figures are estimates compiled from public sources. How we source our data.
About Shear Family Office
Shear Family Office is the Pittsburgh-based single-family office of Herb Shear, established in 2015 to manage the wealth generated from the sale of GENCO, the family's third-party logistics and reverse-logistics business, to FedEx in 2014. GENCO traces its roots to a Pittsburgh trucking company founded in 1898, and Shear represented a later generation of the family in the enterprise, serving as chairman and chief executive as it grew into one of North America's largest contract-logistics providers. A third-party estimate places the office's assets under management at approximately $300M. The office oversees the family's investments alongside the Shear Family Foundation, its philanthropic arm; Shear has supported logistics and supply-chain education, including a named center at Southern Illinois University.
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Frequently Asked Questions
What is Shear Family Office?
Shear Family Office is a single family office associated with Herb Shear, based in Pittsburgh, Pennsylvania.
Where is Shear Family Office located?
Shear Family Office is based in Pittsburgh, Pennsylvania.
How much does Shear Family Office manage?
Shear Family Office is estimated to oversee approximately $300M in assets. As a private family office it files no public AUM disclosures, so figures are third-party estimates compiled from public sources.