VintageGent’s Menswear Daily

Going Private

There is a lot of panic about the economy right now.  Some are saying things will pass quickly and some say that its “the next Great Depression.”  Either way, people are very concerned about where they are putting their money.  While a bank or two has been bought out recently, and accounts will be protected by FDIC, more so the word on the street is that they don’t want to lose their “people.”  There have been bank tellers, account managers, or financial planners whom they have followed when they had moved banks because of the personal attention or knowledge of the person.  They fear that the person or people that have been looking out for them and that they have learned to trust will be downsized or moved.

Someone asked me the other day, with the big asset management companies merging every day, if I knew of a private one. Martin Sands with Sand Bros. based in New York and Connecticut is not going anywhere anytime soon. He has had 24 years in the business with large portfolio clients. He is worth checking out if you are with one of the “big guys.”