Lowe, Brockenbrough adds former Scott & Stringfellow CEO

Walter Robertson

Walter Robertson

A veteran executive of the local investment scene is back in action after joining a longtime West End firm.

Walter Robertson III, former CEO of Scott & Stringfellow, has joined Lowe, Brockenbrough & Co. as a managing director. His first day on the job was Aug. 23.

Robertson, a Washington & Lee alum, has more than three decades in the industry during which he rose to the rank of president and chief executive of Scott & Stringfellow, a Richmond based firm now known as BB&T Scott & Stringfellow.

He retired from that firm as president of the investment advisory operations in April 2012. He then came out of retirement later that year to become president and chief operating officer of investment banking firm Sterne Agee, shortly after that firm had acquired Richmond mainstay Anderson Strudwick.

Sterne Agee was eventually acquired by Stifel in June of 2015 and Robertson left Stifel a month later.

Robertson was not available for comment this week.

Austin Brockenbrough IV, a managing director at Lowe, Brockenbrough, said the firm jumped at the chance to get Robertson while he was a “free agent” and to benefit from his decades of knowledge and experience.

“He just has an incredible network and he’s well respected in the community,” Brockenbrough said.

Lowe, Brockenbrough handles investments and retirement plans for high net worth individuals, endowments, schools, nonprofits and small-to-medium-sized businesses.

The firm was founded in 1970 by Jim Lowe and Austin Brockenbrough III and today has $2.2 billion in assets under management.

It has 27 employees out of its home base at 1802 Bayberry Court.

Walter Robertson

Walter Robertson

A veteran executive of the local investment scene is back in action after joining a longtime West End firm.

Walter Robertson III, former CEO of Scott & Stringfellow, has joined Lowe, Brockenbrough & Co. as a managing director. His first day on the job was Aug. 23.

Robertson, a Washington & Lee alum, has more than three decades in the industry during which he rose to the rank of president and chief executive of Scott & Stringfellow, a Richmond based firm now known as BB&T Scott & Stringfellow.

He retired from that firm as president of the investment advisory operations in April 2012. He then came out of retirement later that year to become president and chief operating officer of investment banking firm Sterne Agee, shortly after that firm had acquired Richmond mainstay Anderson Strudwick.

Sterne Agee was eventually acquired by Stifel in June of 2015 and Robertson left Stifel a month later.

Robertson was not available for comment this week.

Austin Brockenbrough IV, a managing director at Lowe, Brockenbrough, said the firm jumped at the chance to get Robertson while he was a “free agent” and to benefit from his decades of knowledge and experience.

“He just has an incredible network and he’s well respected in the community,” Brockenbrough said.

Lowe, Brockenbrough handles investments and retirement plans for high net worth individuals, endowments, schools, nonprofits and small-to-medium-sized businesses.

The firm was founded in 1970 by Jim Lowe and Austin Brockenbrough III and today has $2.2 billion in assets under management.

It has 27 employees out of its home base at 1802 Bayberry Court.

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