Heritage of Success

Guggenheim Heritage

Our history stems from Guggenheim Brothers, the Guggenheim family business dating back to the late 1800s.

Guggenheim Partners began with the mission of creating exceptional value for our clients by applying the principles that made the Guggenheim family one of the most successful innovators, investors, and business managers in American history.

Our principles entail engaging highly talented people, challenging them to think creatively, and encouraging them to achieve extraordinarily high standards in their fields of expertise.

Hire the best people

We hire the best people and reward efforts that produce exceptional results. We believe in the shared ownership of our firm’s success and in providing the support and resources our employees need so they can dedicate their time and energy to the goal of growing and preserving our clients’ wealth.

Encourage Ideas

We provide an environment where smart ideas flourish. We look at challenges through our clients’ eyes, collaborate across all areas of our organization and leverage our deep industry expertise and thought leadership to meet our clients’ needs and to build long-lasting relationships.

Celebrate Success

We define success on our clients’ terms and put their interests ahead of our own. We understand that our firm’s success is earned through ingenuity, collaboration and hard work.

 
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Family Milestones

1881

Meyer Guggenheim paid $5,000 for a one-third interest in two Colorado lead and silver mines. By the end of World War I, the family business controlled more than 80% of the world’s supply of silver, copper and lead.

1916

Meyer Guggenheim’s sons reorganized into Guggenheim Brothers.

1929

Daniel Guggenheim embraced a vision of going where no man had gone before and, on the recommendation of Charles Lindberg, bankrolled Robert Goddard’s obscure research on rockets. Goddard’s work eventually led to the development of modern rocketry.

1941

When Solomon Guggenheim sought a permanent new home to display his vast personal collection of non-objective art, he engaged the respected architect Frank Lloyd Wright to design a unique contemporary art museum. The partnering of these two visionaries resulted in one of the most famous and recognizable structures in the world, itself a work of non-objective art.

1953

Harry Guggenheim adhered to the family formula by enlisting the services of the most preeminent horse trainers of the time to successfully achieve his goal of winning the Kentucky Derby with a horse named Dark Star.

1997

The Solomon R. Guggenheim Foundation together with the Basque government engaged the renowned architect Frank Gehry and challenged him to design a new Guggenheim Museum that would be so innovative and spectacular that it would transform Bilbao, Spain from a struggling city into a vibrant cultural destination.