Best places to work in money management

How the Best Places survey was conducted

Pensions & Investments worked with a leading workplace expert to produce the 2018 Best Places to Work in Money Management list of top companies.

Best Companies Group, Harrisburg, Pa., undertook a two-step process to develop the list, designed to gather detailed data about each organization. To participate, a firm had to have at least 20 employees in the U.S., have at least $100 million of discretionary assets under management and be in business for at least one year.

In part one, the employer completed a questionnaire about the firm's policies, practices, benefits and demographics. U.S. employment numbers for each firm were confirmed by Best Companies in late July.

In part two, employees were emailed an engagement and satisfaction survey that consisted of 78 statements. Employees were asked to respond on a 1-to-5 scale of "Disagree Strongly" to "Agree Strongly." Two open-ended questions also were asked, probing what the firm did to make it a place where people wanted to work and what else the company could do to increase an employee's satisfaction and productivity.

The data were combined, which allowed Best Companies to determine the strengths and weaknesses of the participating companies.

Employees' responses accounted for 75% of the total score, with the employer responses accounting for the remaining 25%.

For the final step, a Best Companies workplace assessment manager examined the data to verify and finalize the rankings. At P&I's request, firms were ranked against others of similar size.