A pair of former Wells Fargo wealth management executives has launched a new family office.

Jack Ginter and Amy Jucoski have launched Callan Family Office, which serves ultra-high-net-worth families and their foundations and endowments, the company says.

Ginter, who is the former president of Wells’ family office unit Abbot Downing as well as former head of Wells Fargo Private Bank, will serve as the chief executive officer and founding partner of the new family office, according to the firm.

Jucoski, who previously served as senior director of planning at Abbot Downing and as senior director of advice for the Eastern and Northeast divisions of Wells Fargo Private Bank, is joining as a founding partner and head of legacy and wealth planning, according to the firm.

"There have been a lot of changes in the wealth management industry in the past decade as the large banks and brokerages have reprioritized their focus away from this space, presenting an opportunity for a new entrant," Ginter said in a statement.

Callan Family Office will tap investment consulting firm Callan LLC for investment insight, research and educational resources, the firm says.

Callan LLC serves institutional and investment advisor clients with more than $3 trillion in assets under advisement, according to the firm.

Callan Family Office and Callan LLC are independent from each other and are separately registered with the Securities and Exchange Commission, the company says.