Hennion & Walsh Welcomes James Pruskowski as New Managing Director
Hennion & Walsh Welcomes James Pruskowski as Managing Director
Hennion & Walsh, a prominent investment firm known for its focus on municipal bonds, has recently announced the addition of James Pruskowski to their team as Managing Director. This strategic hiring comes at a time when the firm seeks to enhance its wealth management services and cater to the evolving needs of its clientele.
Expanding Expertise in Investment
According to Kevin Mahn, Chief Investment Officer at Hennion & Walsh, the firm is dedicated to meeting the demands of growth and expanding its client base. “James brings a wealth of knowledge across various investing disciplines, particularly in fixed income,” Mahn shared, underscoring the valuable expertise Pruskowski will contribute.
Pruskowski is regarded for his profound background in municipal bonds and fixed income markets. His past experiences include pivotal roles where he demonstrated impressive performance and leadership, most notably as the founding Chief Investment Officer of 16Rock Asset Management. Here, he significantly increased the firm's assets under management and successfully launched specialized investment platforms, including a municipal bond SMA and a long-short hedge fund.
A Veteran with Proven Success
With nearly thirty years at BlackRock prior to his tenure at 16Rock, Pruskowski’s ascent within the ranks of one of the world's largest investment management firms is noteworthy. He initially joined BlackRock when it comprised only about 50 employees, eventually becoming Managing Director and overseeing Municipal Bonds for both Institutional and Wealth Management. His management of an astounding $200 billion in assets highlights the extensive experience he will bring to Hennion & Walsh.
During his time at BlackRock, he led a team of 58 investment professionals and played an instrumental role in the firm's global growth, enhancing their strategic initiatives. His international experience also includes extensive collaboration with family offices, individuals, financial institutions, and insurance companies across the globe, which positions him as an influential figure in the investment landscape.
Positive Outlook for Future Growth
Hennion & Walsh anticipates that Pruskowski’s reputation for excellence and industry knowledge will further propel the growth of their wealth management business. Bill Walsh, President of Hennion & Walsh, remarked on Pruskowski’s strong reputation within the industry, stating, “James is a quality individual with a very strong reputation across the industry.” Similarly, Partner Richard Hennion expressed optimism that Pruskowski’s skills will significantly contribute to the firm’s continued success.
About Hennion & Walsh
Established in 1990, Hennion & Walsh has committed itself to becoming the leading provider of investment services and an advocate for individual investors. The firm’s disciplined, personalized approach has aided thousands of clients in managing and growing their investments. Known as one of the nation’s foremost independent specialists in municipal bonds targeted at individual investors, Hennion & Walsh also provides a broad range of equity and fixed-income products and services, including comprehensive wealth management options.
With the addition of James Pruskowski to their talented team, Hennion & Walsh is poised to continue its trajectory of growth and excellence in the investment sector, reaffirming its dedication to providing quality service to its valued clients.