Peter K. Scaturro, Sr.
Senior Advisor (New York, NY)Peter K. Scaturro, Sr. has 40+ years of banking, wealth management and financial services leadership experience.
Mr. Scaturro has extensive senior leadership experience at leading financial institutions, most recently as a Partner in the Global Private Client Business of Goldman Sachs (NYSE: GS) where he oversaw the Global Wealth Management Business ($220 billion AUM). He was a member of the firmwide Goldman Sachs Business Practices Committee and served on the Investment Management Division Operating Committee.
Prior to Goldman Sachs, Mr. Scaturro was the Chief Executive Officer at U.S. Trust ($265 billion AUM) until its acquisition by Bank of America (NYSE: BAC) in 2007 for $3.3 billion.
Before becoming CEO at U.S. Trust, Mr. Scaturro was the Chief Executive Officer of Citigroup Global Private Bank ($750 billion AUM) where he was responsible for 98 offices in 38 countries. He also served as a member of Citigroup’s Management Committee. During his tenure, the Global Private Bank’s earnings more than doubled and had industry leading margins.
Earlier in his career, Mr. Scaturro was a Partner at Bankers Trust (acquired by Deutsche Bank in 1999).
Mr. Scaturro began his career in 1982 at Chase Manhattan Bank in New York City.
Mr. Scaturro received a Bachelor of Applied Science in Engineering and a Master of Engineering from Columbia University.
Mr. Scaturro is currently a Managing Partner at Regenerative SportsCare Institute, a world-renowned regenerative-medicine destination for non-surgical, interventional orthobiologic care in New York.
He is also currently the Lead Independent Director at Everest Consolidator, an Advisory Board Chairman at RADiENT Analytics and Non-Executive Chairman / Board Member of Orthobond Corporation.
As part of his charitable activities, Mr. Scaturro is a Member of the Board of Advisors at Electus Global Education Co, Inc., which teaches kids under 18 financial literacy, entrepreneurship and career education. Over the years, he has served on the Board of Directors of the Inner-City Scholarship Fund, Archbishop Molloy High School’s Board of Trustees, Columbia University’s School of Engineering and Applied Science Board of Visitors, the University of Virginia’s Curry School of Education Board of Visitors, and as Co-Chair of the University of Virginia’s Parent Committee.
As an aligned Senior Advisor, Mr. Scaturro assists Star Mountain with deal origination and investor relationships, industry and other strategic insights to help Star Mountain and its portfolio investments maximize value.