Sixty-one firms — a record number — had what it takes to earn a spot on the 2017 Best Places to Work in Money Management list by Pensions & Investments and its research partner.
In its sixth annual survey, P&I again turned to Best Companies Group, Harrisburg, Pa., to comb through survey entries and identify firms that stood out for their efforts to create a winning culture that engages employees and brings out their best.
"All of the firms being recognized this year are leaders when it comes to creating a great place to work," said P&I Editor Amy B. Resnick. "It was great to see reflected in the survey comments how significant it is for employees to feel valued by their employer. It shows what really makes a company a best place to work."
In a change in format for this year's program, Pensions & Investments opted not to present alternatives managers as a separate category. Rather, all firms — regardless of specialty — that met Best Companies' high threshold for making the list were ranked against others of similar size. Size categories and firm profiles reflect U.S. employment.
Many of the firms in the 2017 list are repeat winners. But only five companies have made the BPTW list every year since the program launched in 2012:
- Baird Asset Management, Milwaukee
- Clearbridge Investments LLC, New York
- Dana Investment Advisors Inc., Waukesha, Wis.
- Hamilton Lane Inc., Bala Cynwyd, Pa.
- Principal Global Investors, Des Moines, Iowa.
Thirteen firms are newcomers to the BPTW program:
- AAM Insurance Investment Management, Chicago
- AFL-CIO Housing Investment Trust, Washington
- AQR Capital Management LLC, Greenwich, Conn.
- Ariel Investments LLC, Chicago
- Ballentine Partners LLC, Waltham, Mass.
- Capital Investment Cos., Raleigh, N.C.
- Cramer Rosenthal McGlynn LLC, New York
- DRA Advisors LLC, New York
- Parnassus Investments, San Francisco
- Penserra, Orinda, Calif
- Semper Capital Management LP, New York
- Spectrum Investment Advisors Inc., Mequon, Wis.
- Vulcan Value Partners LLC, Birmingham, Ala.
To participate, firms had to have at least 20 U.S. employees.
An anonymous employee survey, which aimed to evaluate employee engagement and satisfaction, accounted for 75% of a firm's score; an employer survey, which evaluated workplace policies, practices, benefits and demographics, made up 25%.
To learn more about the program and register for notification when the 2018 program opens, visit: pionline.com/bptw17.