Guggenheim’s CIO Scott Minerd Dies Unexpectedly at Age 63

Scott Minerd, managing partner and global chief investment officer at Guggenheim Partners, has died. He was 63.

The Chicago-based firm announced Minerd died Wednesday afternoon from a heart attack during a regular workout routine.

“I have known Scott for over 30 years, and we were partners much of that time,” said Mark Walter, CEO and founder of Guggenheim Partners. “Scott was a key innovator and thought leader who was instrumental in building Guggenheim Investments into the global business it is today. He will be greatly missed by all. My deepest condolences are with his husband, family and loved ones.”

A former competitive bodybuilder, Minerd joined Guggenheim shortly after its founding in 1999. He became a well-known commentator on the markets.

He was also a key advisor to central bankers as a member of the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets.

Minerd is survived by his husband, Eloy Mendez.