Limited liability company | |
Industry | Financial services |
Founded | 1999 |
Founder |
Guggenheim family Mark Walter J. Todd Morley Steven E. Johnson |
Headquarters |
New York City Chicago |
Area served
|
Worldwide |
Key people
|
Mark Walter CEO Alan Schwartz Fares Noujaim Thomas J. Irvin Scott Minerd Peter O. Lawson-Johnston II Andrew M. Rosenfield Brian T. Sir |
Products |
Investment banking Capital markets Investment management Merchant banking Wealth management Insurance Exchange-traded funds Unit investment trusts |
Services | Diversified financial services |
AUM | $260 billion |
Owner | Private |
Number of employees
|
2,300 |
Website |
guggenheimpartners guggenheiminvestments |
Guggenheim Partners is a global investment and advisory financial services firm that engages in investment banking, capital markets services, investment management, investment advisory, and insurance services. The firm is headquartered in New York City and Chicago with 2,300 staff located in 20 cities throughout the United States, Europe, and Asia. It has more than $260 billion of assets under management. The firm's CEO is Mark Walter. It has eight Managing Partners who are key executives, and with a Senior Leadership Team of 17 other executives, oversee the Firm's businesses. It was founded by Peter Lawson-Johnston II, Solomon R. Guggenheim's great-grandson.
Guggenheim Partners provides services across insurance services, investment banking, capital markets, strategic direction, investment management, merchant banking, and asset management. Guggenheim Investment Advisors oversees about $50 billion in assets.
In June 2009, Guggenheim hired former Bear Stearns CEO Alan Schwartz as Executive Chairman to "focus on transforming Guggenheim's existing broker-dealer, which is focused on sales and trading of fixed income securities, into a full-service investment banking enterprise".
In September 2009, Guggenheim hired former Goldman Sachs partner Peter Comisar as Vice Chairman and Head of West Coast Investment Banking. The West Coast Advisory team is also headed by Managing Directors from Bear Stearns, Moelis & Co and Credit Suisse. The West Coast team focuses on Consumer Retail and Digital E-Commerce advisory while the NY office houses the remaining industry verticals and product groups with the except of oil & gas, which is based out of Houston.