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  2. Best Places to Work in Money Management
December 09, 2024 12:02 AM

Newfront Retirement Services

Caryl Anne Francia
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    BPTW_2024_Newfront.jpg

    Newfront staffers smile for the camera during the firm's annual all-hands get-together.

    Second Place

    Headquarters: San Francisco
    AUM: $22 billion-plus as of June 30
    U.S. employees: 28
    Years Won: 2022-2024

    In their own words:


    “At Newfront, our expert team prioritizes retirement readiness and financial wellness. Partnered with our parent company, we provide financial services, comprehensive insurance solutions and employee benefit programs to protect our clients. We enhance business health, profitability, employee satisfaction and brand strength. Leveraging advanced technology, we ensure optimized investment outcomes. Vision: Derisking human progress. Ethos: Work, love, play.”

    Three cool things:


    • Promotes a fun work environment by hosting happy hours, cooking classes and themed company meetings, which include music and occasional guests such as football player Joe Montana. Dedicates Slack channels to pets, cooking and books.
    • In addition to fully paid parental leave, offers support for family planning, adoption and menopause care through Carrot Fertility. CARES employee resource group gives a place for working parents to share experiences.
    • Continues the legacy of former Chief Information Officer Brent Rineck following his 2021 death by presenting a culture award, which honors employees who show the virtues of generosity, patience and optimism, in addition to bolstering diversity and making peers feel better after each encounter.

    Employees say:


    • “Newfront provides significant opportunities for team members, and enables us to continue to advance as long as we’re willing to put in the work. You’ll never hear management or any team members trying to limit or stop team members from trying new things, changing processes or attempting to do more.”
    • “We are a small but mighty team who maintain strong personal and professional relationships with one another. No one is hesitant to apply their skills to a new problem or work across organizational lines to improve processes and output.”
    • “We are very focused on work-life balance, and understand that people have personal lives outside of work. Our organization does a great job of celebrating people’s lives, allowing them to take the time they need to feel like they can show up as their best selves both professionally and personally.”

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    October 23, 2023 page one

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      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Influential Women in Institutional Investing 2024
      • Eddy Awards
    • Resource Guides
      • Active Thematic Global Equities
      • Retirement Income
      • Fixed Income
      • Pension Risk Transfer
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