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Best Places to Work 2014

Publication Date : December 8, 2014

Twenty-nine organizations have been named to Pensions & Investments' third annual list of the Best Places to Work in Money Management.

Features

Ingredients for a great place to work

People, culture and benefits combine to make 29 firms this year's honorees

Best places to work: winners of 2014

An interactive look at this years' 29 best places to work winners.

Videos

TCW’s David Lippman talks about how the firm’s sale contributed to being a Best Places winner

Employees are the keys to TCW's success. The firm invests in its employees, which has not changed since Carlyle acquired the firm. The change in ownership, however, allows TCW to reward employees with a stake in the firm, explains TCW CEO David Lippman.

Hamilton Lane’s Mario Giannini credits employees for Best Places honors

Mario Giannini, Hamilton Lanes' CEO, talks about being a three time Best Places to Work winner.

WINNERS WITH OVER 1,000 EMPLOYEES

1. Principal

Principal Financial Group is in the midst of an ambitious construction project that not only enhances the environment for its employees, but also the environment of hometown Des Moines.

2. Neuberger Berman

How do you describe a company that is celebrating its 75th anniversary even though to many new employees the company is just over 5 years old?

3. Invesco

For a multibillion-dollar global company with more than 6,000 employees, Invesco (IVZ) Ltd. still acts like a much smaller one when it comes to core values.

4. Transamerica Retirement Solutions

The employee experience at Transamerica Retirement Solutions is defined by the firm's mission to help people achieve a comfortable retirement. “It is part of our culture. It's who we are,” said Peter Kunkel, president and CEO. Mr. Kunkel said having a focus that employees value helps drive employee satisfaction.

5. BlackRock Inc.

Even though BlackRock is the largest money manager in the world, executives seek to foster a boutique-like culture.

WINNERS WITH 500 TO 999 EMPLOYEES

1. TCW Group Inc.

The culture at TCW has changed.

2. Western Asset Management Co.

At Western Asset Management Co., collaboration and collegiality are the keys to the firm's success, said James Hirschmann III, CEO and president.

3. Babson Capital Management LLC

A team atmosphere and a focus on workplace flexibility helped make Charlotte, N.C.-based Babson Capital Management LLC a Pensions & Investments Best Places to Work in Money Management recipient for a second consecutive year.

4. Northern Trust Asset Management

Employees at Northern Trust Asset Management praise the company's integrity and charity work, but many also appreciate how the firm engages with them.

WINNERS WITH 100 TO 499 EMPLOYEES

1. Westwood Holdings Group Inc.

Employee ownership — for every one of the 131 employees at Westwood Holdings Group Inc. — is just one of the things that rank the Dallas-based firm among the Best Places to Work in Money Management.

2. ClearBridge Investments LLC

The glass doors and open floor plan at the midtown New York headquarters of ClearBridge Investments LLC contribute significantly to the firm's open environment. But the openness at ClearBridge goes beyond its architecture.

3. Highland Capital Management LP

At Highland Capital Management LP, health care is free of premiums and deductibles. Breakfast foods are available for staff to prepare, lunches are free up to an allowance of $15 daily and, if working late, dinners as well.

4. Edelman Financial Services

One clue to Edelman Financial Services founder Ric Edelman's management style is the mandatory sabbatical.

5. Fort Washington Investment Advisors Inc.

Employees at Cincinnati-based Fort Washington Investment Advisors Inc. believe they can make a difference at the firm, thanks to an environment that emphasizes growth and is open to new ideas from all comers.

WINNERS WITH 50 to 99 EMPLOYEES

1. Baird Asset Management

To be the best for your clients, you need the best talent. To get the best talent, you need an environment that allows that talent to thrive, said Leslie Dixon, chief human capital officer at Robert W. Baird, parent company of Baird Asset Management.   

2. Los Angeles Capital Management & Equity Research Inc.

A collaborative and family-like atmosphere has helped Los Angeles Capital Management & Equity Research Inc. grow significantly since its 2002 management buyout from Wilshire Associates Inc.

3. Standard Life Investments USA

Standard Life Investments is not for everyone, and that is just fine with William H. Perry.

4. INTECH Investment Management

Employees at INTECH Investment Management work hard at their jobs, but they enjoy the work so much that, on some occasions, they can't help but sing.

5. Tortoise Capital Advisors LLC

For a firm whose assets under management have climbed more than thirteenfold since the end of 2008, the name Tortoise Capital Advisors LLC might not seem like the best description.

WINNERS WITH 49 OR FEWER EMPLOYEES

1. Dana Investment Advisors Inc.

One metric portfolio managers at Dana Investment Advisors Inc. look for in the firm's socially responsible equity strategy is how companies treat their employees and shareholders.

2. Perkins Investment Management LLC

Perkins Investment Management LLC promotes an organizational culture that takes “very seriously the work-life balance,” as Ted Hans, chief operating officer and chief compliance officer, put it.

3. Bridgeway Capital Management

Employees at quant shop Bridgeway Capital Management laud the firm's “mission-driven culture” and its commitment to making the world a better place.

4. Arrowpoint Partners

Arrowpoint Partners was founded in 2007 as a collaborative partnership. “One phrase that I cannot accept is "I work for him.' You work with me and we work for our clients,” said David Corkins, co-founder, principal and portfolio manager.

5. Innovest Portfolio Solutions

A culture of integrity and service to clients and others has helped Innovest Portfolio Solutions, co-founded by Richard Todd and Wendy Dominguez, steadily grow since its founding in 1996.

Winning alternatives managers

1. The Blackstone Group

“Nice” is not a word ordinarily associated with alternative investment managers, but those are the only kind of people The Blackstone Group LP hires.

2. PAAMCO

What do you call an investment management company founded by four former college professors?

3. Harrison Street Real Estate Capital LLC

Harrison Street Real Estate Capital LLC's employees say they thrive in the firm's fun, energetic culture in which people genuinely care about each other.

4. National Real Estate Advisors

National Real Estate Advisors executives believe a happy workforce is a productive workforce.

5. Hamilton Lane Advisors LLC

Hamilton Lane Advisors LLC keeps a client wall like many obstetricians keep a baby wall.