Walter Robertson
A retired veteran of the Richmond financial scene is back in the game.
Walter Robertson III, a former head of locally based Scott & Stringfellow, this week was named president and chief operating officer of investment banking firm Sterne, Agee & Leach.
Sterne Agee entered the Richmond market through acquisition about 18 months ago. Headquartered in Birmingham, Ala., the holding company Sterne Agee Group took over longtime Richmond investment banking firm Anderson Strudwick in December 2011.
Robertson retired in April 2012 from his post as president of the investment advisory operations of what was then known as Scott & Stringfellow’s investment advisory operations. The firm is now BB&T Scott & Stringfellow.
During his three-decade career, the Richmond native and Washington & Lee graduate rose to the rank of president and chief executive of Scott & Stringfellow in 2002. He relinquished that role several years before leaving the firm.
Robertson could not be reached for comment on his new position.
Sterne Agee spokesperson Peggy Thompson said Robertson would work out of both Birmingham and Richmond.
“He’s keeping an office and big presence in Richmond,” Thompson said.
Robertson’s role is a newly created position in the company, Thompson said, and he’ll oversee what is the main revenue producing arm of Sterne Agee.
Sterne Agee was founded in 1901. It is privately held and has more than 1,500 employees at 59 offices, including in the former Anderson Strudwick headquarters on the 20th floor of 707 E. Main St. in downtown Richmond.
Walter Robertson
A retired veteran of the Richmond financial scene is back in the game.
Walter Robertson III, a former head of locally based Scott & Stringfellow, this week was named president and chief operating officer of investment banking firm Sterne, Agee & Leach.
Sterne Agee entered the Richmond market through acquisition about 18 months ago. Headquartered in Birmingham, Ala., the holding company Sterne Agee Group took over longtime Richmond investment banking firm Anderson Strudwick in December 2011.
Robertson retired in April 2012 from his post as president of the investment advisory operations of what was then known as Scott & Stringfellow’s investment advisory operations. The firm is now BB&T Scott & Stringfellow.
During his three-decade career, the Richmond native and Washington & Lee graduate rose to the rank of president and chief executive of Scott & Stringfellow in 2002. He relinquished that role several years before leaving the firm.
Robertson could not be reached for comment on his new position.
Sterne Agee spokesperson Peggy Thompson said Robertson would work out of both Birmingham and Richmond.
“He’s keeping an office and big presence in Richmond,” Thompson said.
Robertson’s role is a newly created position in the company, Thompson said, and he’ll oversee what is the main revenue producing arm of Sterne Agee.
Sterne Agee was founded in 1901. It is privately held and has more than 1,500 employees at 59 offices, including in the former Anderson Strudwick headquarters on the 20th floor of 707 E. Main St. in downtown Richmond.