As we kick off a new decade, the asset management and wealth management industries continue to experience a period of profound change that has caused many firms to reconsider traditional business models and client service approaches.  Having partnered with senior management teams across the industry in an effort to help them grow their businesses, we […]

Over the past several months we’ve had the opportunity to interact with dozens of senior leadership teams across the asset management industry. Apart from the broader industry challenge that the new low fee, passive investment-focused marketplace dynamic represents, there is another topic that comes up again and again.  Culture.  Many firms are trying to better […]

As industry margins continue to experience compression and many active managers remain challenged by outflows to passive products, active firms’ leadership teams have responded by being more proactive in cutting costs, seeking new efficiencies, and focusing on areas of innovation or differentiation for their businesses. Taking that dynamic into account along with heightened interest from […]

We are often asked by our clients as well as prospective job candidates for our view on where candidates typically come up short in the vetting process. The answer is simple…it depends. Yes, that response is terribly evasive and unhelpful. Instead, we have attempted to address the question here by compiling a list of candidate […]

Many of our asset management clients frequently express interest in exploring potential lift-outs of investment teams or individual portfolio managers. In an industry characterized by innovation as well as continued margin pressures, having scale and a clearly-defined future growth strategy is more important than ever. The ideal lift-out scenario sought is virtually always the same…the […]

Industry change combined with a tight labor market and growing millennial workforce are causing asset managers to re-assess the competitiveness of their employee benefit plans. During the second and third quarters of 2018, Concentriq conducted interviews with 43 asset managers across the U.S. to develop a comprehensive benchmarking survey in regards to employee benefits offerings. […]

Yes, I realize that statement comes across as somewhat perverse, especially given I own a recruiting firm. If I’m speaking frankly though, like you when I hear the word headhunter it makes me cringe. I inevitably harken back to my most recent car-buying experience where the salesman told me that he had just the car […]