NEW YORK, Feb. 24, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Lebenthal Asset Management ("LAM"), the asset management division of Lebenthal Holdings, LLC, announced today that industry veteran Ronald Deutsch CFA has joined the company. As a portfolio manager and wealth advisor, Mr. Deutsch will focus on taxable fixed income portfolio management, as well as diversified investment strategies for wealth management clients.
"I am pleased to welcome Ron Deutsch to Lebenthal," said James B. Lebenthal, CEO of LAM. "His particular expertise in taxable fixed income--including investment grade and high yield corporates, mortgages and sovereigns--is a complementary addition to the investment management capabilities we have to offer at Lebenthal. I am proud that he has decided to bring his skill and experience to Lebenthal, and look forward to a mutually beneficial relationship."
Mr. Deutsch has over 30 years of experience in portfolio management and financial advisory services, most recently as a managing director at Sage Capital Management, an independent registered investment advisor catering to high net worth individuals and small foundations. His prior experience included senior positions in fixed income departments at Bear Stearns, BNP Paribas, Prudential Securities and Kidder Peabody. He began his career in investment banking at Drexel Burnham Lambert. Mr. Deutsch earned his MBA from Northwestern University's Kellogg Graduate School of Management and his bachelor's degree from Binghamton University.
Mr. Deutsch said, "It is a thrill for me to join Lebenthal, a firm with a deep history of investment performance in the fixed income markets and a client-centric approach to its financial advisory business. In our ever-evolving industry, I believe Lebenthal's reputation and legacy are powerful brand assets for attracting and maintaining clients. Together with the rest of the LAM team, I look forward to helping Lebenthal clients and investors in their attempt to achieve their investment goals."
About Lebenthal Asset Management
Lebenthal Asset Management is the asset management division of Lebenthal Holdings, LLC, the venerable New York-based firm that provides through its subsidiaries and affiliated companies a broad range of wealth management, asset management and capital markets products and services to institutional and retail clients. Lebenthal Asset Management manages taxable and tax-free municipal bond portfolios, equity portfolios and international equity portfolios for high net worth individuals, institutions and non-profit organizations. The Heckman Global Group division of Lebenthal Asset Management is the research unit of Lebenthal Asset Management. Further information about Lebenthal Asset Management can be found at http://www.lebenthal.com
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