Deals & People January 14, 2010

Rogerscasey Extends Reach to HNW Market

Institutional investment consultant Rogerscasey has struck a deal with Lowenhaupt Global Advisors (LGA) to offer Rogerscasey’s institutional investment expertise to families and individuals served by Lowenhaupt Global Advisors.
Reported by

The agreement will provide clients of St. Louis-based Lowenhaupt Global Advisors, a family office serving wealthy families, an enhanced level of customized portfolio management by leveraging the global expertise and resources of Rogerscasey. The agreement also will allow Lowenhaupt Global Advisors to offer its clients access to money managers typically not available to individuals, according to an announcement.

Lowenhaupt Global Advisors will remain responsible for all investment management for its clients, according to the announcement.       

“Institutional strength investment analysis and evaluation capabilities are crucial to ensuring the safety, continuity and appropriateness of an investment strategy in light of the events of the past two years,” said Charles Lowenhaupt, chairman and CEO of Lowenhaupt Global Advisors. “Lowenhaupt Global Advisors is pleased that Rogerscasey, which has traditionally focused on institutional clients, has decided to establish one of its initial relationships of this type with our firm.”    

“Lowenhaupt Global Advisors is one of Rogerscasey’s initial relationships with a company focused on customizing all elements of wealth management family by family and individual by individual,” said Timothy R. Barron, president and CEO of Rogerscasey. “We are pleased to be working with a firm that not only has the history and reputation of Lowenhaupt Global Advisors but is also one of the pioneers in understanding the importance of a global perspective in serving clients.”      

Founded 40 years ago, Rogerscasey is responsible for more than $250 billion of assets for some of the largest institutions in the U.S.      

Lowenhaupt Global Advisors will remain responsible for all investment management for its clients, according to the announcement. 

Diversions January 14, 2010

Terrorist Scare not Grounding Business Travelers

The attempted bombing of an Amsterdam-to-Detroit flight Christmas Day is not putting much of a crimp in business professionals’ travel plans, according to a new survey.
Reported by
A news release from the National Business Travel Association (NBTA) said 81% of respondents to a poll of travel managers said their firms would not cut back on trips, while 2% said they would cut back on international travel because of security concerns.  No respondents reported cutting back on domestic travel, and 16% said they are still deciding how to proceed on the issue.

Roughly the same number of respondents reported the attempted attack raised new concerns about the safety of air travel (43%) as those who said their travel anxiety level remained about the same (42%).

Forty-eight percent said new federal security screening measures put into place after the attack were not overly onerous, while 36% said they made air travel less convenient and comfortable.

“The survey results are right in line with what we’ve seen in the past with attempted attacks and changes in security protocols,” said NBTA President & CEO Craig Banikowski, in the news release. “These incidents prompt a lot of important discussion and analysis, but don’t significantly alter corporate travel patterns, because travel is the lifeblood of so many businesses. The primary actions travel managers are taking right now are engaging in discussions with top-level management and communicating with their companies’ travelers.”

The survey included responses from 152 NBTA members.

«