 Guggenheim Partners provides services across asset management, investment banking, and broker dealer services including capital markets.Guggenheim Investment Advisors oversees about $50 billion in assets.In June 2009, Guggenheim hired former Bear Stearns CEO Alan Schwartz as Executive Chairman to "focus on transforming Guggenheim's existing broker-dealer, which is focused on sales and trading of fixed income securities, into a full-service investment banking enterprise".