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Private Partnerships: Positioning Your Practice for Long-Term Growth

Articles & Interviews | Jan 4, 2019 | Kurt Miscinski

Our CEO & President, Kurt Miscinski, shares his thoughts with wealthmanagement.com.


WealthManagement.com – When the financial services industry was in its infancy, prominent private partnerships were the norm, not the exception. Professional advisors aspired to become a partner at one of these firms, wearing it as a badge of honor when they did. It meant they had “made it.”

However, as the financial services industry evolved, many private partnerships morphed or merged into public corporations where client interests often took a back seat to short -term profit making. This trend continued until the most recent financial crisis.

Kurt Miscinski

PARTNER, PRESIDENT & CEO

Kurt is the President of Cerity Partners, responsible for the strategic direction and management of the firm. He has more than twenty years of experience in the financial services industry. Kurt chairs the Executive Committee.

Prior to co-founding Cerity Partners, Kurt was a Managing Director and an Executive Committee Member of Deutsche Bank’s Private Wealth Management division. In this role, he managed Deutsche Bank’s US wealth management offices and was responsible for the oversight of client relationships, including the development and servicing of investment, credit, and wealth management offerings for individuals, families, and institutions.

Prior to Deutsche Bank’s acquisition of Scudder Kemper Investments in 2001, Kurt was the Chief Operating Officer for Scudder Private Investment Counsel, an $18 billion asset management division that catered to family offices, wealthy individuals and non-profit institutions.

Kurt received his B.S. from the University of Illinois and M.B.A. from DePaul University. He is a Certified Public Accountant and a member of YPO, Vistage, and Business Executives for National Security.

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