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Spruce Private Investors Opens Atlanta Office And Hires Industry Veteran

Tuesday, January 24, 2012

Courtlandt Bromwell Ault
Opalesque Industry Update: Spruce Private Investors, LLC, has hired Courtlandt Bromwell Ault as a Director in the Portfolio Management Group. Based in Atlanta, Courtlandt is responsible for managing and building client relationships in the southeastern US.

“We are delighted that Courtlandt has joined Spruce. Courtlandt is one of the most experienced executives in the wealth management industry and he shares our unwavering commitment to providing downside protection and active risk management to our clients,” said Spruce CEO and Founder John Bailey. “His on-the-ground presence in the South will allow us to better serve our high-net-worth investors, family offices, endowments and foundations in the region.”

Bringing over 30 years of experience and an absolute-return investment philosophy to advising clients, Courtlandt served as President and CEO of a US family office, and was National Sales Director and Southeast Region Head for Atlantic Trust. Prior to joining Atlantic Trust, Courtlandt spent ten years with Bessemer Trust as Managing Director responsible for business development in Palm Beach as well as creation and development of the Naples, Florida and Atlanta, Georgia offices.

“The risk management process at Spruce is superior to any firm I have seen in my career,” said Courtlandt. “In contrast to most firms, Spruce earns its fees by actively managing client assets and providing protection from losses.”

In his role as Director, Courtlandt will work closely with clients to deliver solutions, allowing investors to better reach their individual goals and return objectives in today’s volatile market environment.

Spruce Private Investors

Press Release

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