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Guggenheim's CIO Scott Minerd Dies Unexpectedly of Heart Attack at 63

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.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.