Cole Taylor expands asset-management capabilities

FWR Staff

2 February 2007

Parent company Taylor Capital Group links up with manager Mesirow Financial. Chicago-based bank holding company Taylor Capital Group has formed a partnership with asset manager Mesirow Financial to provide sub-advisory services to wealth-management and retirement-plan clients of its Cole Taylor subsidiary.

One would hope

This development "is the result of long-term strategic planning to improve and expand Cole Taylor's wealth-management capability for closely held business owners," says Taylor Capital's chairman and CEO Bruce Taylor. "Through extensive investment-management capabilities, we can now offer a broader platform."

James Tyree, chairman and CEO of Chicago-based Mesirow says his firm "has a proven history of delivering superior investment capabilities both in the traditional and alternative asset classes, and in quantitative analysis and portfolio management services."

Mesirow has around $22 billion in assets under management.

Cole Taylor specializes in business banking, real-estate lending and wealth management. -FWR