General Investing >> Money Manager Interviews >> May 31, 1999

Elliot L. Schlang – Ljr Great Lakes Review

ELLIOT L. SCHLANG is Managing Director of LJR Great Lakes Review, a proprietary research product, specializing in medium-sized regional investment opportunities for institutional clients. Previously, Mr. Schlang was an Executive Vice President of Kemper Securities Group, Inc., Prescott, Ball & Turben Division, where he founded the Great Lakes Review, and a Senior Vice President at Kidder, Peabody before its merger into PaineWebber and was a Senior Vice President at Hancock Institutional Equity Services. Mr. Schlang was a Director and a member of the Executive and Management Committees of Prescott. He also served as a Partner in Charge of the Institutional Department and Partner in Charge of the Corporate Finance Department before the sale of the firm to Kemper Corporation. He was the co-founder of the firm's institutional research, marketing, and trading divisions. Mr. Schlang is a graduate of Yale University and the Harvard Business School. He is past-President of the Yale Alumni Association of Cleveland, a member of the Yale Alumni Scholarship Committee of Cleveland and the Investment Committee of the Harvard Business School of Cleveland. Mr. Schlang serves as a Trustee of the Cleveland Museum of Art, whose Corporate Council and Circle Leadership Committee he founded and chaired. In recognition of his efforts, the National Society of Fund Raising Executives named him to the 1996 Honor Roll of Philanthropists. As a Trustee of the Cleveland Institute of Music, Mr. Schlang chaired its Long-range Planning and Investment Committees. He is also a Trustee of the Menorah Park Foundation. He is a member of the Investment Committees of United Way Services and the Welfare Federation of Cleveland. Mr. Schlang previously served as a member of the Board of Laurel School, an independent secondary school for girls and of Big Brothers of Greater Cleveland. His corporate Directorships include Edward Howard & Co. Mr. Schlang, whom 'Corporate Cleveland' magazine recently referred to as the 'Prophet of Profit', is a Chartered Financial Analyst and a member of the Cleveland Society of Security Analysts. Peter Lynch acknowledges him in 'One Up on Wall Street' and Richard Maturi in 'Stock Picking.' He was recognized by the 'Institutional Investor' magazine's All-America Research Team in its annual poll for his coverage of emerging growth companies and received the Distinguished Service Award in Investment Education from the National Association of Individual Investors. He has been the subject of feature articles in 'FORBES Magazine', 'The New York Times', 'Chicago Tribune', 'Kiplingers Personal Finance Magazine', 'Fortune', 'MONEY', 'Barron's' and other financial periodicals, and has often appeared as a featured speaker of the National Association of Investment Clubs. He has appeared as a special guest on Wall $treet Week. A native of Cleveland, Ohio, Mr. Schlang is married and has three children. Profile
TWST: The name Great Lakes Review is a very relevant name for what you

do. Will you bring us up to date?

Mr. Schlang: We look for stock picks in medium-sized companies that are