COMPANIES

Guggenheim Partners

Office address: 330 Madison Avenue, New York, NY 10017; 227 West Monroe Street
Chicago, IL 60606
Website: guggenheimpartners.com
Year established: 1999
Company type: financial services
Employees: 2,200+
Expertise: fixed income, equities, alternatives, advisory solutions, investment banking, capital markets, financing, sales and trading, research, investment consulting, funding and liquidity solutions, commercial real estate investments
Parent company: N/A
Key people: Mark Walter (CEO); Andrew Rosenfield, Dina DiLorenzo, Robert Khuzami, Tom Irvin, Peter Lawson-Johnston, and David Rone (managing partners)
Financing status: privately held company

Guggenheim Partners is a global investment and advisory firm based in Chicago and New York. The company manages more than $350 billion in assets as of September 30, 2025. It operates through Guggenheim Investments and Guggenheim Securities with more than 2,200 professionals.

History of Guggenheim Partners

The company was founded in 1999 by Peter Lawson-Johnston II with $30 million of family money. Lawson-Johnston is the great-grandson of Solomon Guggenheim, an American industrialist.

The firm was created to bring the Guggenheim name back to Wall Street after decades away from finance. It started as a boutique financial company modeled after the classic partnerships of the past. The company’s heritage, however, stretches back more than a century.

Roots in the 1800s

Guggenheim Partners traces its origins to 1881 when Meyer Guggenheim invested $5,000 in Colorado lead and silver mines. The family business expanded quickly and controlled more than 80 percent of the world’s silver, copper, and lead by World War I.

M. Guggenheim’s Sons was established in 1882 by Meyer and his seven sons. It then became Guggenheim Brothers. The family enterprise introduced mining industry reforms in 1912, including pension plans and employee healthcare.

Beyond mining

The Guggenheim business interests expanded into aerospace, media, and art over the following decades. Family member Daniel Guggenheim also funded Robert Goddard’s rocket research in 1929, which eventually led to modern rocketry.

As of 2025, Guggenheim Partners has grown from its boutique roots into a global investment banking and advisory firm with more than $350 billion AUM. The company also offers specialized services in real estate, healthcare, and institutional finance.

Guggenheim Partners products and services

Guggenheim Partners delivers investment management and banking services through two main businesses and three additional units:

Primary businesses

  • Guggenheim Investments: asset management and advisory in fixed income, equities, and alternatives
  • Guggenheim Securities: investment banking, capital markets, financing, sales, trading, and research

Additional businesses

  • Asset Consulting Group: investment consulting for healthcare systems, pensions, foundations, and endowments
  • Institutional Finance: funding and liquidity solutions for institutions
  • Retail Real Estate Partners: net-leased commercial real estate investments for retailers

The firm serves governments, institutions, and individuals with complex financial needs. Guggenheim Partners focuses on long-term results and helping clients reach their financial goals.

Culture and corporate values

The firm states that inclusive and equitable practices align with its guiding principles. Guggenheim Partners aims to deliver results while fostering a diverse, performance-driven culture. According to the company, its culture is built on six core values:

  • integrity
  • innovation
  • excellence
  • talent
  • entrepreneurship
  • stewardship

Guggenheim Partners states it focuses on solving complex problems creatively. The firm expects staff to uphold high standards and take personal accountability. It offers the following workplace benefits to support its people:

  • training and development: programs available at all levels of the organization
  • work-life balance: the firm strives to create healthy balance for staff
  • compensation: base salary varies by location and experience, plus incentives
  • equal opportunity: hiring regardless of race, gender, religion, disability, or veteran status

The company also links its diversity and inclusion strategy directly to business performance. It supports veterans through GIVE, or Guggenheim Invests in Veterans Everyday.

About CEO Mark Walter and key people

Mark Walter leads as Guggenheim Partners’ CEO and heads TWG Global, an international conglomerate. Walter has made headlines for sports deals, including the $10 billion purchase of the Los Angeles Lakers. He studied business at Creighton University and law at Northwestern University.

Guggenheim Partners’ executive leadership team includes the following:

  • Andrew Rosenfield serves as president and managing partner, overseeing the firm’s senior roles and business units
  • Dina DiLorenzo is managing partner and president of Guggenheim Investments, leading strategic direction and day-to-day asset management operations
  • Tom Irvin works as managing partner and co-founder, serving on financial planning and diversity initiatives
  • Robert Khuzami serves as acting general counsel and managing partner, supervising the firm’s legal and compliance activities
  • Peter Lawson-Johnston is managing partner, bringing the Guggenheim family legacy to the firm
  • David Rone works as managing partner, overseeing strategic direction and governance of investment operations

The leadership team guides the firm’s strategic direction and runs its businesses. They also set the tone for Guggenheim Partners’ company culture.

The future at Guggenheim Partners

Guggenheim Partners made headlines when CEO Mark Walter acquired the NBA’s LA Lakers, one of the largest sports deals in history. Although sports didn’t rank among the top three private-market opportunities in 2024–25, it still draws interest from roughly 17 percent of asset managers. This positions Guggenheim to benefit as more advisors and institutions look to sports as part of their alternative investment strategies.

Guggenheim’s Mark Walter also has a stake in the booming annuities market. Walter owns annuity providers Delaware Life and Gainbridge through his insurance holding company Group 1001. With US annuity sales nearly doubling from $219 billion in 2020 to $434 billion in 2024, Guggenheim’s leadership stands to benefit from continued growth in retirement products.

The latest Guggenheim Partners news

Displaying 92 results
Dynasty's Shirl Penney eyes sports investing as RIA capital meets the big leagues
ALTERNATIVES NOV 13, 2025
Dynasty's Shirl Penney eyes sports investing as RIA capital meets the big leagues

The Dynasty Financial Partners CEO previously helped Alex Rodriguez and Jennifer Lopez bid for the Mets before Steve Cohen bought the team.

iCapital bets on global sports boom with access for accredited investors
ALTERNATIVES OCT 30, 2025
iCapital bets on global sports boom with access for accredited investors

iCapital CEO Lawrence Calcano tells InvestmentNews how access to these type of investments is no longer restricted to billionaires.

Private equity drives annuity growth
Private equity drives annuity growth

Annuity sales are at record highs, nearly doubling since 2020. Private equity, shifting advisor fee models and an evolving regulatory landscape, are reshaping how insurers and distributors keep pace.

Advisors and managers agree on top three private-market opportunities
ALTERNATIVES JUN 23, 2025
Advisors and managers agree on top three private-market opportunities

Survey reveals the ripest themes in private alternatives, as well as the biggest roadblocks to broader alts adoption.

NBA sovereign wealth workaround? Abu Dhabi backs record Lakers' buyer
ALTERNATIVES JUN 20, 2025
NBA sovereign wealth workaround? Abu Dhabi backs record Lakers' buyer

TWG Global CEO Mark Walter has agreed to buy the Los Angeles Lakers for $10 billion, just two months after TWG Global entered a multi-billion investment partnership with Abu Dhabi's Mubadala Capital.

What is investment banking and why it’s important 
GUIDES JUN 05, 2024
What is investment banking and why it’s important 

Use this guide to know what investment banking is, why it’s important and what career opportunities they can offer to advisors

Eldridge, Atlas Merchant doubling down on annuity provider DPL Financial
Eldridge, Atlas Merchant doubling down on annuity provider DPL Financial

The two private investors are investing $20 million of additional capital in the commission-free insurance specialist.

Invesco reportedly in talks with State Street regarding asset management unit
ETFS SEP 17, 2021
Invesco reportedly in talks with State Street regarding asset management unit

The deal would be a big one, given that State Street Global Advisors, the bank's asset management unit, has about $4 trillion in assets.

Annuities are now a big business for PE firms
Annuities are now a big business for PE firms

Private equity firms' insurance companies accounted for more than 40% of all indexed annuity sales industrywide during the second quarter.

Hottest debate on Wall Street is Bitcoin versus gold
ALTERNATIVES DEC 01, 2020
Hottest debate on Wall Street is Bitcoin versus gold

Bitcoin shot to a record just as billions of dollars have fled gold, renewing arguments about whether the digital currency can rival gold as an inflation hedge

First negative U.S. yields get closer amid virus fears
FIXED INCOME MAR 02, 2020
First negative U.S. yields get closer amid virus fears

Expectations that the Fed will cut rates are seen pushing yields on short-term Treasuries below zero

Security Benefit's legal woes over indexed annuities persist
Security Benefit's legal woes over indexed annuities persist

Ten plaintiffs have teamed up in a class action alleging that the insurer misled contract holders about the performance of its proprietary indexes

Bill Gross explains why being an 'Asperger' made him a better investor
RIA NEWS MAR 01, 2019
Bill Gross explains why being an 'Asperger' made him a better investor

The billionaire 'bond king' touches on everything from being diagnosed with Asperger's syndrome to recession risks and a recent round of golf with Charles Schwab.

Invesco to buy OppenheimerFunds
RIA NEWS OCT 18, 2018
Invesco to buy OppenheimerFunds

Deal brings Invesco another $246 billion in assets, as well as high-fee actively managed funds.

Invesco said to be in talks to purchase OppenheimerFunds
MUTUAL FUNDS SEP 21, 2018
Invesco said to be in talks to purchase OppenheimerFunds

MassMutual's sale of the unit has been estimated to fetch $5 billion.