At Jamesbeck, we’ve noted a number of trends in financial services this year in the area of recruiting, including the salient issue of diversity. Recruiting: It's all about Disruption, Alternatives, FinTech, & Quant The top areas for recruiting in 2019 are as follows: Senior leadership with an eye towards dynamic, disruptive leaders willing to make systemic changes in organizations, and in the manner businesses are structured and managed; Multi-asset solutions; Alternatives strategies, particularly in the private markets and real assets; Technology, data and Fintech; Quant investing; and Analytical and system-minded people who can span across functions. In other recruiting trends, we’ve observed that non-solicit and non-compete clauses
Read About ItI was recently approached by one of my clients with questions regarding current staffing and compensation trends in the investment management industry. What follows are some insights into recent activity we at Jamesbeck have observed in these areas. Staffing: Back office and operations jobs are outsourced and senior staff replaced by cheaper, junior employees Firms are both growing staff in value-added areas such as multi-asset, data sciences, and private market strategies and reducing headcount in ‘commoditized’ functions. As firms seek to cut costs, back-office, operations and middle-office jobs are being hit hard. These positions, as well as manual tasks, are either being outsourced
Read About ItMelissa: My name is Melissa Norris and I am one of the founders of Jamesbeck, a boutique executive search firm focused on the investment management community. I'm chatting with Cheri Belski, Head of Retirement for the U.S. at T. Rowe Price, and Meg Staczek, founder of Capacity Group and Executive Coach for Jamesbeck as a follow up from the panel we held last year. In November of 2018, we held a panel in New York City to discuss women in leadership. Today, I'm speaking with Cheri and Meg as a follow up to see what changes in programs have
Read About ItOn July 2, 2019, Jamesbeck's Melissa Norris spoke with Cheri Belski of T. Rowe Price and Meg Staczek of Capacity Group about changes that have resulted from a November 2018 panel discussion on women in leadership, hosted by Jamesbeck. The panel focused on women in investment management, and ways to help advance gender equality. Listen here, check out the summary below, or access the full transcript. Speakers: Melissa Norris, one of the founders of Jamesbeck, a boutique executive search firm focused on the investment management community Cheri Belski, Head of Retirement for the U.S. at T. Rowe Price Meg Staczek, founder of Capacity Group, an
Read About ItIn the search work we do with firms looking to enhance their organizational capabilities, we’ve noticed that our clients have big jobs, big mandates and big challenges. They also have very little time to think in big ways, yet all feel the need to transform some part of their organization. Each one of our clients is smart, hard-working, skillful and experienced. However, they lack something essential to their ability to lead their organizations to the next stage: time to reflect, feel and discern new insights. In the long-ago days, before phones and computers, societies spent time in quiet reflection in
Read About It