Millstone Capital Advisors Team

Bob Millstone began his professional career as an associate attorney at a St. Louis law firm, Coburn & Croft (now Thompson Coburn), where he initially focused on private placements, international and tax work. He later became a Senior Trial Attorney in the Tax Division of the United States Department of Justice, and, in late 1994, he returned to St. Louis to join Bangert Brothers Construction Company (now Millstone Weber) as General Counsel. Within his first two years at Bangert Brothers, Mr. Millstone was elected President and CEO, and, with the assistance of Fred Flegel and his accounting firm, Mr. Millstone and his partners restructured the company. After restructuring Bangert Brothers, the company was profitable every year thereafter and grew with an average compound growth rate of 15% per year until he left the company in 2001. As a result of his work with Bangert Brothers, Mr. Millstone and one of his business partners were honored by Ernst & Young as finalists in St. Louis for the Entrepreneur of the Year. In 2001, Mr. Millstone formed The Millstone Company, a real estate and private equity investment company, which provided Mr. Millstone with a platform to invest in the areas of health care, energy infrastructure, real estate, banking and insurance. The Millstone Company’s success is also highly attributable to Mr. Flegel’s contributions as an advisor. Along with Mr. Flegel, Mr. Millstone is a founding partner of FSM General Partner, LLC. In addition, Bob is active in a number of business, professional and community organizations and has received numerous honors and awards. Bob is currently a member of the Governance and Education Leadership Committees of the Regional Business Council; member of EDC Business and Community Partners of St Charles County, Missouri; Board member for the Staenberg Foundation (a supporting Foundation of the Jewish Federation of St Louis); Board member for Hawthorn Foundation and, President and Director of the Millstone Foundation. Some of the awards he has received are the Discovery! 370 Visionary Award; the Distinguished Alumni Award from Washington University Law School; and, the Brotherhood and Sisterhood award from the National Conference for Community and Justice in St Louis. Bob and his wife, Colleen, received the Saul Mirowitz Jewish Community School’s Meyer and Marcelle Kranzberg Visionary Award, the Ferring Award for Philanthropy and Bob and his family previously received the Netzach Award from the St. Louis Chapter of the American Jewish Committee.