ChoateIA - Senior Portfolio Manager
Henry Dormitzer is a senior portfolio manager at Choate Investment Advisors with over 20 years of experience in investment management, investment banking, and executive leadership. He focuses on investment research and works closely with clients and Choate's Family Office Services Group to provide tailored solutions for their wealth management needs and investment goals. Henry is a member of ChoateIA's Sustainable, Responsible and Impact Investing Committee, which identifies attractive investments that also provide a social and environmental benefit.
Before joining Choate, Henry served as the chief executive officer of Rye Development and, previously, Free Flow Power Corporation. Both Rye and Free Flow Power are energy project developers building renewable or resilient energy projects in cooperation with private equity investors. These types of projects are of growing importance to pensions, endowments, and other investment portfolios seeking stable returns with strong underlying asset values.
Henry was an investment banker for 15 years, most recently as a managing director at UBS. While at UBS, he managed the firm’s Massachusetts public finance investment banking office, senior-managing $24 billion of new issue municipal bonds funding transportation, clean water programs, general infrastructure, and affordable housing.
Professional & Community Involvement
- Member of the Board of the Massachusetts Clean Energy Center and chairs the Center’s Investment Committee which oversees the Center’s investments in private companies and the management of its cash reserves
- Member of the Board of Massachusetts Educational Financing Authority
- Member of the Board of MassDevelopment
- President of the Board of Trustees of Worcester Academy
- Served as commissioner of the Massachusetts Department of Revenue and as undersecretary for administration and finance for the Massachusetts governor
Education & Credentials
- Harvard College
- AB, 1992
Choate Family Office Podcast 03.21.2023
Safe Assets During 2023 Bank Turmoil
In this episode of the Family Office Podcast Series, Managing Director, Tamer Alamuddin, and Senior Portfolio Manager, Henry Dormitzer, of Choate Investment Advisors discuss safe assets in light of the recent volatility in the banking sector.
Understanding the New Massachusetts Millionaires Tax
The new “Massachusetts Millionaires Tax” goes into effect on January 1, 2023 and will impose a 4% surtax, in addition to the 5% flat income tax, on those who domicile or reside in Massachusetts and earn over $1 million annually.
Search Funds Beware: Strategies for Avoiding PFIC Adverse Tax Consequences
Because Search Funds seek to invest in active businesses, searchers and their US investors are often surprised to learn that they may be subject to the Passive Foreign Investment Company (“PFIC”) rules for US federal income tax purposes.
Choate Family Office Podcast 06.22.2020
COVID-19's Impact on the Bond Market
Henry Dormitzer of Choate Investment Advisors continues the conversation on municipal bonds with Anson Clough and Nathan Harris of Appleton Partners as they discuss the current state of the bond market.