Robert Millstone

Managing Partner

Millstone Capital Advisors, LLC.

Joined: 2012

Office Phone:

(314) 450-7799


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Bio

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 to his professional experience, Mr. Millstone has long-standing involvement in an array of community organizations. His current activities include being a member of the Governance and Education Leadership Committees of the Regional Business Council, which includes some of the St. Louis region’s largest mid-cap companies; Partner with Partners for Progress, a group of business and community leaders in St. Charles, Missouri; President of the Jewish Community Relations Council of St. Louis; and, President and Director of the Millstone Foundation. Mr. Millstone is also a member of the National Council at Washington University in St. Louis for Law and the Skandalaris Center for Interdisciplinary Innovation and Entrepreneurship. Mr. Millstone is also a director of Royal Banks of Missouri and was a legal Director of Trustcorp (the holding company for Missouri State Banks) before its sale to Marshall & Ilsley. He was awarded the Discovery! 370 Visionary Award in 2006, and one of the recipients of the 2013 Distinguished Alumni Award from Washington University Law School. Mr. Millstone and his wife, Colleen Millstone, recently received the Saul Mirowitz Jewish Community School’s Meyer and Marcelle Kranzberg Visionary Award. Mr. Millstone and his family previously received the Netzach Award from the St. Louis Chapter of the American Jewish Committee.

Education