In 2004, Milwaukee-based Robert W. Baird & Co. became an employee-owned company, a key reason employees rank it as a Best Places to Work in Money Management.
“The way we've always done it” might be the guiding principle for some firms, but for the founding partners of Balentine LLC, which runs $1.6 billion, it's a good reason to do the opposite.
The principals at Modera Wealth Management LLC do not take much stock in formal titles or job descriptions. Tom Orecchio, for example, is Modera's CEO, but prefers the title of principal and wealth manager.
A rock-solid, fundamental valuation process for stocks has been the mainstay of Perkins Investment Management LLC since its founding 32 years ago. But it's not widely known that the company applies a very similar approach to recruiting and retaining its staff — emphasizing the quality of their abilities and opinions.
Founder Mike Dana created a family-like atmosphere at Dana Investment Advisors Inc. more than 30 years ago, building his company on professional integrity and employee support.