Straits Financial LLC, a member and brokerage arm of the CWT Group, today announced it has hired Ms. Carol Dannenhauer as Executive Vice President and Head of its newly formed LW Managed Accounts Division. Straits is a registered FCM and a clearing member firm with the CME, CBOT, NYMEX and COMEX.
“Carol joining Straits is a dream come true” said Joseph Mazurek, President of Straits Financial LLC. “Carol knows managed futures and she is a trusted name in the industry having served under the Lind-Waldock banner most of her career. She and Straits share much in common so this is a natural partnership focusing on providing quality customer service. Straits does not proprietary trade; our focus is 100% on clients and the protection of their assets.”
This expands our product offering and notwithstanding where your Lind-Waldock account was transferred to, you the customer can Come Home Again” adds Paul Fry, Chief Operating Officer of Straits Financial LLC. “This is an excellent development for Straits, for Carol and for the customers who have trusted Carol to manage their accounts for years.”
“It is a thrill to be associated with Straits and with Paul and Joe” said newly hired EVP Carol Dannenhauer. My career has always been about doing what is right for the customer and protecting their assets as if they were my own. Straits and I have that in common. To me, joining Straits is like Coming Home Again.”
As Executive Vice President of the LW Managed Account Division Carol will be responsible for all aspects of managed futures from educating the novice to assisting knowledgeable clients with their portfolio construction. She will seek out emerging Commodity Trading Advisors as well as seasoned traders to determine which might offer the best fit for her client’s portfolio.
Carol started her career as a CPA for Ernst & Whinney. She left that position after three years to work on the floor of the Chicago Mercantile Exchange to learn the futures business. In 1986, Carol joined Lind-Waldock where she learned retail service operations and was rapidly promoted by the organization managing key areas for the firm. Carol then found her niche with Managed Futures, CTA’s and Commodity Pools and grew that service into a major Lind-Waldock product offering. She stayed in that role through multiple company changes always putting the customer first.
Carol holds a BS degree in accounting from the University of Illinois at Chicago. She has raised three boys, her son Alex and her nephews Dustin and Dylan.
About Straits Financial Group
Headquartered in Singapore, Straits Financial Group is the brokering division of the CWT Group and has established affiliate offices in Singapore, Chicago and Shanghai with planned gateways in Southeast Asia and beyond. Our US subsidiary, Straits Financial LLC, is a full Clearing Member of the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX) and the Commodity Exchange (COMEX). Through our global offices and partnerships, we are focused on delivering a wide range of financial services including brokerage of exchange-traded and OTC products as well as trade facilitation for physical commodities. For more information, visit http://www.straitsfinancial.com
About CWT Group
CWT is a leading provider of integrated logistics solutions for worldwide customers in the commodities, chemical and petrochemical, marine, oil and gas, defense and industrial sectors. CWT designs, engineers and manages unique and effective supply chain solutions leveraging its in-depth domain knowledge, innovative capabilities and global logistics infrastructure. Through its global network, the CWT Group is able to connect customers to 120 ports and over 1,200 destinations seamlessly around the world. Headquartered in Singapore, the CWT Group also provides engineering management and maintenance services for facilities and vehicles and equipment fleet as well as financial services through the asset management of Cache Logistics Trust and brokering of futures and derivatives trades. The largest listed logistics company in Southeast Asia, CWT is traded on the Singapore Stock Exchange under the stock symbol CWT. For more information, visit http://www.cwtlimited.com
