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00:16:57 But I got the call and from a recruiter, and Jenison was an intriguing company to me. We take, we take large positions in, in, in concentrated portfolios, and we’re really striving to be that high alpha equity manager for, for pension plans and for wealth allocators. And I’d heard it had a great culture.
And it turns out the recruiter had called my friend about the job and he said, I’m not interested, but I know someone who applied and she’s got a risk background and I know you at Hawaii care about risk. 00:15:31 And so he put me in contact with a recruiter. It depends on your assetallocation.
They said, that mission is often a clear catalyst for recruitment, customer delight and business growth; one example is Grove Collaborative, a firm whose entire business is based on providing “clean living” e-ecommerce—a collection of organic household products made available through a subscription service.
They said, that mission is often a clear catalyst for recruitment, customer delight and business growth; one example is Grove Collaborative, a firm whose entire business is based on providing “clean living” e-ecommerce—a collection of organic household products made available through a subscription service.
So what we find, and then of course we have a multi-asset solutions business where we talk to clients about the entirety of their portfolio, their strategic assetallocation models. So you’re Chief Investment officer of Asset and Wealth Management. So we have a tried and tested kind of campus recruitment approach.
So they’d give individual assetallocation to people and they’d go invest their money. So that would be the draw, you know, the train lines end there so you can recruit people from, from the city, but it, it was probably a little more selfish. And first was, we’re gonna have a culture of collaboration.
And your bio explains how you were recruited to Vanguard. So there’s been a big push for folks to get the appropriate level of assetallocation in a highly diversified, low cost way. RITHOLTZ: So let’s talk about that. I thought that was a really interesting story.
But also that enthusiasm and passion is infectious and they recruit people just like them. I found this conversation really to be absolutely a master class and totally fascinating, and I think you will as well.
She was CIO at Merrill Lynch Asset Management, and now CIO at both Morgan Stanley Wealth Management and runs their assetallocation models and their outsourced chief investment officer models. One of the reasons I went to Merrill is I was recruited by one of my best friends, who is Sally Crotch? As baby analysts.
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