Stone & Youngberg Taps Paul R. Touchstone, CFA, to Head Firm’s Asset Management Services

SAN FRANCISCO--(BUSINESS WIRE)-- Stone & Youngberg, a leading financial services firm and the nation’s top underwriter of California and Arizona municipal bonds over the past five years¹, announced that Paul R. Touchstone, CFA, has recently been promoted to senior investment strategist and portfolio manager for the firm’s Private Client Group.

Paul Touchstone, Senior Investment Strategist and Portfolio Manager, Stone & Youngberg Asset Management Services (Photo: Business Wire)

“We are very pleased to have someone with Paul’s background and expertise heading up our asset management services,” said Bill Evans, managing director and head of Stone & Youngberg’s Private Client Group. “His strategic vision and differentiated approach to managing risk will greatly serve our investment advisory clients.”

“2008 was a huge wake-up call for investors, and should have also been for advisors,” said Touchstone. “Our focus on risk analysis versus simply allocating for returns helps us protect our clients’ assets, even during times of heightened instability. We leverage our independence and depth of knowledge to manage portfolios with a great deal of flexibility---and that’s an incredible value-add for our clients.”

Touchstone’s background includes international portfolio management, global macro-economic analysis, fixed income, currency, and alternative investment strategies. Prior to joining Stone & Youngberg in 2009, he was the vice president and portfolio manager for the First Bank Wealth Management Group in San Francisco, California, where he was responsible for advising high-net worth individuals and managing their investment portfolios. Touchstone also served on First Bank’s investment committee, responsible for $3 billion in assets under management. Before that, he was director of operations and international equity analyst for Schroeder Capital Management, a registered investment advisor in Lafayette, California specializing in global equity portfolio management.

Mr. Touchstone holds a Bachelor of Arts degree in business with a minor in computer science from Western State College of Colorado.

Stone & Youngberg’s Private Client Group provides fixed income and asset management services for individuals and institutions. The firm’s approach to asset management is centered on the principle that long-term investment success is achieved by creating a positive experience for their clients. They focus on disciplined risk management while staying on the cutting edge of financial thinking.

To learn more about asset management services with Stone & Youngberg’s Private Client Group, visit www.syllc.com/amg.

For more information on the Stone & Youngberg, visit www.syllc.com

About Stone & Youngberg:Stone & Youngberg Holdings LLC is a financial services company providing a range of products and services through two subsidiary businesses. Stone & Youngberg LLC, founded in 1931 and member FINRA/SIPC, specializes in the origination and sale of fixed-income securities. The firm led or co-managed the sale of 945 municipal bond issues totaling $20.6 billion over the past five years.¹ In addition to bond underwriting and sales, Stone & Youngberg provides investment services to individuals, institutions, and government agencies and offers a wide variety of tax-exempt and taxable securities. S&Y Capital Group LLC is a private real estate investment, development, and consulting company.

Additional information is available at www.syllc.com or by calling 800-447-8663.

¹ Based on number of bond issues 2005-2009, Thomson Reuters 2010

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6545265&lang=en

Stone & Youngberg LLCSteve Hall, 415-445-2656
[email protected]
or
Pierce Communications Group, LLCKimberley Pierce, 510-326-0058
[email protected]

Source: Stone & Youngberg LLC