Robertson Stephens, a global investment advisory firm for high net worth individuals, family offices, institutions and corporations, announced today that Preston DuFauchard is joining as general counsel. He will lead the firm’s global legal affairs and compliance operations.
Mr. DuFauchard was the California Corporations Commissioner from 2006 until 2011. There he led a 300-person agency charged with regulation and enforcement of state securities laws, franchise investment laws and lending laws for non-depository institutions. As Commissioner, Mr. DuFauchard coordinated with other states in regulatory examinations and enforcement actions and also worked with FINRA, the SEC and the CFPB.
“Preston is one of the most well-respected and experienced regulatory and policy lawyers in the country,” said Joe Piazza, Chairman and CEO of Robertson Stephens. “His expertise, particularly with broker dealers, investment advisers and lending institutions will materially enhance our firm’s growth agenda.”
Prior to his role as Commissioner, Mr. DuFauchard was in-house counsel for Bank of America, N.A. from 1997-2006 in the Litigation Department advising on securities matters, including merger litigation, underwriter litigation, prime broker operations, loan syndications and the Bank’s venture capital operations. He began his career and became a partner with the law firm of Brobeck, Phleger & Harrison LLP, where he was a trial attorney in large civil cases. Mr. DuFauchard holds a juris doctor from the University of California Berkeley, Boalt Hall School of Law and a bachelor’s degree in Anthropology from Stanford University.
“I am honored to have the trust of Joe Piazza, and to help create his vision for a preeminent and respected advisory firm,” said Mr. DuFauchard.