Press Room > Press Release
Stanford Group (Suisse) AG Announces Executive Appointment And Plans for Growth Throughout Europe
5/15/2007
Zürich, Switzerland (May 15, 2007) – Stanford Group (Suisse) AG has announced the addition of Leo Schrutt as Senior Managing Director in the company’s Zurich office.
Stanford Group (Suisse) AG is a member of the Stanford Financial Group, a US-based global network of financial services companies, headquartered in Houston, Texas. Zurich is Stanford’s European head office where the company recently finished a major renovation of its building at Dreikönigstrasse 12.
Schrutt joins Stanford with over 23 years of investment advisory and asset management experience. He was most recently with Julius Baer where he was head of research and portfolio management for the company’s private banking division. Schrutt, whose reputation is well established as an expert in financial planning, will provide his global expertise to assist Stanford in growing its wealth management business in Zurich and throughout Europe.
According to Jack Staley, Head of Europe and President of Stanford Group (Suisse) AG, the addition of Schrutt is evidence of Stanford’s commitment to attract the highest caliber of professionals in the financial services industry.
“Leo represents the very standard with which we approach our business. His knowledge and credentials are impeccable. We are delighted that he’s decided to build the next phase of his career with Stanford,” said Staley.
Schrutt said, “Stanford Group (Suisse) is an independent entity within the privately held Stanford Group of companies with a philosophy and corporate culture which I find very appealing. The aim is to contribute my global expertise and experience to help ensure that Stanford is even better positioned to grow its business in Zurich and throughout Europe and the Middle East. I am looking forward to the challenge.”
About Stanford Group (Suisse) AG
Stanford Group (Suisse) AG, an independent asset management and investment advisory company, is headquartered in the heart of the financial district of Zurich and provides private wealth management services to high-net-worth clients.
About Stanford Financial Group
Stanford Financial Group is a privately held, wholly owned global group of financial services companies led by Chairman and CEO R. Allen Stanford and founded by his grandfather, Lodis B. Stanford in 1932. Stanford's core businesses are private wealth management and investment banking for institutions and emerging growth companies. Stanford provides private and institutional investors with global expertise in asset allocation strategies, investment advisory services, equity research, international private banking and trust administration, commercial banking, investment banking, merchant banking, institutional sales and trading, real estate investment and insurance. Stanford serves clients from 136 countries on six continents. Securities products and services in the United States are offered through Stanford Group Company, member NASD/SIPC. More information on the company can be found at www.stanfordfinancialgroup.com