After years of catering to affluent clients at commercial banks, Hans P. Ziegier is moving to one of the nation's oldest money management firms.
Mr. Ziergier was recently named president of Stein Roe & Farnham Investment Counsel, a unit of Stein Roe & Farnham that specializes in investment management for wealthy individuals.
Until joining the Chicago-based firm about two weeks ago, Mr. Ziegier was President and CEO of Pitcairn Financial Management Group in Jenkintown, Pa.
The company announced last year that its elite Pitcairn Trust subsidiary would begin shifting its book of business to First Fidelity Bancorp., Lawrenceville, N.J.,
Why the move?
Mr. Ziegier will be in charge of building Stein Roe's high-net-worth business. Such accounts now make up $6.8 billion, or 23% of the $29 billion Stein Roe manages, and the company is aiming higher.
Worked in Private banking at Boston Co., Chase Manhattan Bank, and Manufacturers Hanover Trust Co.
Education: B.S. from Georgetown University, 1963; M.B.A from New York Vniversity, 1971
Family: Wife Ann and four children in their 20s
Home: Looking for a house in downtown Chicago
Hobbies: "I play a terrible round of golf, but under my son's tutelage I've improved significantly." Also reads biographies, and enjoys music and gardening.
Current reading: Walter Isaacson's "Kissinger"