Blogs

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Healthy Minds: The Next Big ESG Issue? Replay Session Moderator Marty Griffin, Vice President Operations, Northeast Retirement Services, kicked off the last session of Nicsa’s 2022 SLF with a quote from Blackrock CEO Larry Fink: “In addition to upending our relationship with where we physically work, the pandemic also shone a light on issues like racial equity, childcare, and mental health … these themes are now center stage for CEOs, who must be thoughtful about how they use their voice and connect on social issues important to their employees.” Panelists dug deeper into mental health and well-being in the asset management industry during ...
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On the Clock to Advance DEI Replay Session Nicsa’s Strategic Leadership Forum wouldn’t be complete without a deep dive into building genuinely equitable workplaces — after all, DEI has to be practiced at the top, not just on the front lines. Cassie McCarthy, Manager, EY’s Wealth and Asset Management Consulting Practice, moderated an important conversation between leaders from Northern Trust, SEI, and the Diversity Project North America. The session highlighted how organizations have begun to mobilize DEI efforts while exploring Nicsa’s annual DEI Perception Study. Deidra Jenkins, SVP, Chief Diversity & Inclusion Officer - Americas, Northern ...
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Several CEOs spearheading the future of asset management kicked off the last day of Nicsa’s Strategic Leadership Forum with a fireside chat covering the industry’s hottest topics. The event was moderated by Kevin Mahn, President and Chief Investment Officer, Hennion & Walsh Asset Management, and featured leadership from Allspring Global Investments, BNY Mellon, and Columbia Threadneedle Investments. Joe Sullivan, Executive Chair and Chief Executive Officer, Allspring Global Investments, said that we have entered an era of unpredictability due to record-setting inflation levels, uncertainty around Federal Reserve rate hikes, and the unfortunate Russia-Ukraine ...
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Preparing for Disruptors

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Industry disruption: It’s thrilling when your organization is causing it — and quite the opposite if your organization is lagging behind. Attendees of Nicsa’s Strategic Leadership Forum got the opportunity to stay on the cutting edge by exploring the latest tech solutions, ecosystems, and configurations during a general session moderated by Phil Andriyevsky, Partner, Wealth and Asset Management, EY. Replay Session Sumedh Mehta, CIO, Putnam Investments, said the level of change we’ve seen in the past few years is jarring — even for the most technically advanced. “Our clients, including the younger generation that quickly adopted social media in ...
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The Great Reprioritization: How Industry Leaders are Transforming Challenge into Opportunity Replay Session Compared with the hardest-hit industries, asset management has emerged from the pandemic relatively strong — at least from a financial standpoint, according to Yariv Itah, Managing Principal at Casey Quirk, a Deloitte Business. “The industry has not managed more assets, generated more revenue, employed more people, or paid its people as much as it has over the last couple of years,” Itah told attendees of Nicsa’s 2022 Strategic Leadership Forum on March 31. Still, Itah, who moderated the panel, cautioned that the pandemic has caused ...
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Today’s Headlines and Tomorrow’s Trends: A Look at the Industry from the Viewpoints of Broker-Dealers and Asset Managers Nicsa members explored the here and now with an eye toward the future during the 2022 Strategic Leadership Forum (SLF) on March 30. The two-part session gave attendees the perspectives of both broker-dealers and asset managers with separate segments moderated by Sandy Bolton, Senior Advisor, FS Investments, and John Cooper, Former Head of Distribution, Morgan Stanley. THE BROKER-DEALER PERSPECTIVE Bolton gave attendees a look at the industry through the broker-dealer lens with a panel featuring thought leaders from Morgan ...
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Boston, MA – March 16, 2022 — Nicsa has announced its Volunteer of the Year Awardees, who will be honored at its Strategic Leadership Forum at the end of March. Nicsa’s Volunteer of the Year Awards recognize outstanding efforts of members who are dedicated to supporting the mission of the Association, serving the global asset management community, and advancing the broader industry. Nicsa’s committees work to provide association members with educational resources on the issues that matter most to the global asset management industry. On behalf of Nicsa, committee members support the association’s mission of developing, sharing, and advancing leading ...
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Nicsa’s Strategic Leadership Forum will take place March 30-April 1 at the Sawgrass Marriott Golf Resort & Spa in Ponte Vedra Beach, FL. Here, thought leaders within the asset management industry will convene to discuss the top issues facing today’s asset management industry, including hiring and retention trends, product and distribution opportunities, DEI priorities, the political landscape , industry disruptors , and more. Here’s a sneak peek at this year’s SLF speaker lineup: Blackrock | BNY Mellon | Casey Quirk - a Deloitte Business | Citi | CNBC | Columbia Threadneedle Investments | Edward Jones | Equity Data Science | EY | Fidelity ...
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Boston, MA – February 3, 2022 — Nicsa’s annual Strategic Leadership Forum , a premier industry event tackling business critical issues facing the global asset management industry, will take place March 30 to April 1 at the Sawgrass Marriott Golf Resort & Spa in Ponte Vedra Beach, Florida. Whether in person or via live-streaming content, participants will reunite and uncover new opportunities for 2022 and beyond. The event is designed for asset managers, broker dealers, banks, and professional service and consulting firms strategically positioning their firms for the future. The event’s forward-looking themes include democratization of financial ...
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Sharing forward-thinking ideas that help firms advance equitable opportunity and support business results is a crucial mission of the Diversity Project North America . It’s also the impetus behind the Diversity Project’s Next Practices Committee. The Next Practices Committee regularly seeks input from its member firms, as well as from external experts with different perspectives. To share her own unique insights and strategies, guest speaker Ayeshah Johnson, Workplace Strategist Specializing in Diversity & Inclusion, was recently invited to lead a Next Practices round table with committee members focused on developing, monitoring, and maintaining ...
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Boston, MA – Jan 26, 2022 – One of CNN’s most dynamic thought leaders will address attendees of Nicsa’s 2022 Strategic Leadership Forum , taking place in Ponte Vedra Beach, Florida from March 30 – April 1. Sue Herera, Anchor at Large, has more than 30 years with CNBC. Nicknamed “The First Lady of Wall Street,” she helped launch CNBC in 1989 and played a significant role in the network’s growth over the ensuing 30+ years. She has anchored many of CNBC’s programs, including Power Lunch (2003 – 2015) and Business Center, CNBC’s first daily program broadcast from the floor of the New York Stock Exchange, as well as Nightly Business Report, the evening program ...
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A Guest Blog by State Street | ALFI Member | Diversity Project North America Member Abdel Hmitti, Senior Vice President, Head of EMEA Private Equity & Real Assets Fund Services Joshua Lovell, Senior Vice President, Head of Global Transfer Agency Operations Every generation faces a new set of social and economic conditions. They take on the reins handed down to them, but their journey does not always follow the old path. Evolving to meet the needs of a new environment is a huge part of growth. Quite similarly, the vision for inclusion and diversity at its inception was very different from what it is today. From focussing on overcoming ...
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Boston, MA -- December 13, 2021 -- Nicsa, a leading asset management trade association, is proud to announce the winners of the 2021 Nicsa NOVA Awards, which recognize excellence in innovation and leadership within the asset management industry. The 2021 award winners are as follows: Lifetime Achievement Award Michael (Mike) DeNofrio, Managing Director, Head of Global Transfer Agency Operations, BNY Mellon Outstanding Service to the Fund Industry - Robert L. Gould Award William (Bill) Galvin, Managing Director, President Invesco Investment Services, Global Head of Transfer Agency, Invesco Strategic Leadership Award Chuck Booth, ...
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Between changing investor demands, a global pandemic, and advancements in technology, the past few years have brought profound change to the wealth management industry. Many of these trends existed pre-COVID-19, but most agree that the virus radically accelerated them, ushering in an inevitable future. Asset managers focused on building relevance and trust in this radically altered environment during a recent session at Nicsa’s GMM. Michael Galkoski, National Sales Manager, US Wealth Management at American Century, moderated the event, which featured leaders from Envestnet, LPL Financial, and Morgan Stanley. Sterling Shea, Managing Director, ...
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Half of advisors are saying they will not meet an asset manager sales representative in person under any circumstances, and only 29% say they will only meet remotely, according to recent research conducted by SS&C in association with Horsesmouth. “This speaks to the importance of understanding the behaviors and preferences, of the different audiences you are supporting, and how distribution is thought of in a fundamentally different way than it has in the past, said Lee Kowarski, VP, Head of Data Science & Distribution Solutions at SS&C Technologies. Kowarski moderated a session on relationship management during Nicsa’s GMM in October. ...
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The ongoing evolution of asset management is an important industry topic — and was a frequent point of discussion throughout Nicsa’s recent GMM. “It is no longer a question of ‘if’ asset management needs to change; but rather of what that transformation should look like and how it can create long-term value for all industry stakeholders,” Andre Veissid, Partner - Strategy and Transactions at EY, said on the first day of the event, held virtually October 6-8. Veissid moderated a panel comprised of market-leading professionals from Capital Group, Fidelity Investments, and Vanguard — all of whom are taking innovative approaches to developing and implementing ...
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“Our jobs are never boring, because our industry is always changing,” Kevin Mahn, President and Chief Investment Officer at Hennion & Walsh Asset Management, said during Nicsa’s 2021 General Membership Meeting (GMM) October 6-8. Mahn was one of three executive-level panelists who shared perspectives on boosting client value in a rapidly evolving asset management industry. Journalist Sharon Epperson, Senior Personal Finance Correspondent at CNBC, moderated the virtual session. Panelists agreed that a hefty dose of innovation — both in terms of fintech and social adaptation — is crucial in building and delivering product strategies as the industry’s ...
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Boston, MA – November 1, 2021 – Nicsa announced the election of seven new Committee Chairs who will each help support the nonprofit’s work to advance leading practices within the global asset management industry. Nicsa supports a variety of committees that are open to all employees of member firms, providing an excellent opportunity for all divisions, all departments, and all levels of management to participate in the development of industry solutions across myriad business lines. View full list of Nicsa Committees here. Committee Chairs are the visionaries responsible for establishing and tracking the mission of Nicsa Committees, as well as presiding ...
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Nicsa’s Annual DEI Perception Study, Prepared with EY, Identifies Authenticity Gaps and Offers Actionable Tips Asset management industry participants perceive high adoption of DEI importance; however, navigating path to measurable results presents challenges and opportunities. Boston, MA – October 12, 2021– Despite a high level of acceptance of the importance of diversity, equity, and inclusion (DEI) in the workplace, perceptions of meaningful progress fell below personal expectations from asset management industry participants. While firms across the industry made headway on increasing awareness and battling bias, many face continued challenges ...
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Boston, MA – October 6, 20201 – Nicsa announced at its 2021 General Membership Meeting the election of six new members to its Board of Directors. The new Board members are as follows: Ryan Burns | Northern Trust Ken Cawley | Goldman Sachs Lisa Goulemas | Fidelity Kirsten Pickens | FS Investments Steve Rueschhoff | Edward Jones Cindy Schreiner | RBC Commenting on the appointments, Nicsa President & CEO Jim Fitzpatrick said, “We are so pleased to welcome such high caliber individuals, representing some of the industry’s leading firms, to drive our mission of advancing leading practices in the global asset management community.” ...
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