Largest U.S. Retirement Funds Assets Grew 8% to $6.5 trillion
The latest results from the Pensions & Investments 1,000 Largest U.S. Retirement Funds survey, the industry’s best-read report on the state of the pension industry, was published today and is now available in the P&I Research Center. Assets for the largest 1,000 retirement plans topped $6.5 trillion, an 8% gain from last year. Defined benefit assets of the funds totaled $4.65 trillion, an increase of 7%, while defined contribution assets increased 11% to reach $1.91 trillion.
The question is how will investment managers capture that opportunity? Brian Peters, Managing Partner from Pinnacle Careers addresses those issues and other is his recent whitepaper Success in the “New Normal” Investment Management Marketplace.
Compensation Trends in the Investment Management Marketplace
Please contact us for a free assessment of your organization's existing compensation metrics and human capital management systems.
Pinnacle Careers is a distinctive boutique executive search firm that focuses exclusively on the investment management industry. Our partnership has the benefits of flexibility, agility and responsiveness and removes all of the bureaucracy associated with working with the large executive search firms.
Our team has over 100+ years of experience, so we recognize that each client possesses unique human capital needs. Our team is singularly committed to the long-term success of our clients by find the optimal candidates that are the appropriate blend of cultural fit and competency.
There is an art and a science to finding the right investment professionals, particularly in light of the fluid landscape of the investment management industry. Pinnacle Careers is a boutique executive search firm can help you build the optimal, customized, human capital development program as we deliver numerous advantages over the large, bulge bracket search firms.
Advantage #1: Continuity and Consistency of Search Process
We are owner operated, which offers greater continuity that a large “headhunter” factory approach.
Advantage #2: Agility and Flexibility
Since a boutique firm is smaller, we have the agility and flexibility to make quick decisions, that larger search firms do not because they are encumbered by layers of management and bureaucracy.
Advantage #3: Customized Service
As a boutique executive search firm, we are built to serve a few important clients. Our company's IT system, culture and service model are designed to meet the needs of highly demanding clients. Conversely, many large executive recruiters who offer numerous services treat their clients as “just a rounding error” if the recruiter is not conducting massive build out or assisting with a corporate re-organization/restructuring.
Advantage #4: Relationship Based on Trust
Boutique recruiters tend to treasure their relationship with clients, as the account means more to them than it does the large recruiters. Many boutique executive recruiters aim to cultivate strong relationships with their clients, where selling a search becomes secondary to maintaining long-term relationship.
Advantage #5: Lower Fees
Because boutique firms have lower overhead, less administration, and less bureaucracy than bulge bracket recruiters, we typically can offer competitive fees. Not only do clients get a higher level of service and competency, it also costs less.