Senior Investment Industry Executives Get More Selective About Switching Firms, Survey Finds

24 Feb, 2016, 10:00 ET from Kathy Freeman Company

SAN LUIS OBISPO, Calif., Feb. 24, 2016 /PRNewswire/ -- Investment firms will need to think creatively and act aggressively in 2016 to land senior sales and marketing talent, according to the Seventh Annual Executive Survey from Kathy Freeman Company, a national, retained, executive search firm.

Reflecting the increasingly difficult task of recruiting new talent, this year's survey, The Disconnect Between Intent & Execution, focused on why senior sales and marketing executives in the investment industry continue to be highly selective when accepting an offer outside their current firm.

The survey found that 66% would consider a move in 2016 – the second highest percentage since Kathy Freeman Company first asked the question in 2009. Despite a willingness to consider a move, few are actually doing so, the survey found. In 2015, just 15% of respondents took a position outside their firm, even though 58% said they would consider a new opportunity in last year's survey.

"The survey is crystal clear: There's a huge disconnect between an executive's openness to a move and actually making a move," said Kathy Freeman Godfrey, CEO of Kathy Freeman Company. "As a result, employers will face another tight market for top-tier talent in 2016."

The report includes five major industry trends and offers recommendations to attract and retain executive talent. The findings include the following:

  • Executives Aren't Moving Without A Push
  • Equity Has Moved From Wish List To Table Stakes
  • Culture Takes The Driver's Seat
  • Executive Leadership Must Motivate And Inspire
  • Diversity Is Gaining Only Modest Traction To The Industry's Detriment

"To succeed in this market, employers must provide an opportunity that is compelling on all fronts," Freeman said. "That means an increase in compensation, equity participation, a positive corporate culture, strong company leadership and an appreciation for diversity. Without these essential elements in place, most executives will be content to stay put."

To read the full report, download the Seventh Annual Executive Survey.

About Kathy Freeman Company
Kathy Freeman Company is a national, retained, executive search firm that connects CEO and executive-level leaders with asset management and wealth management firms, alternative asset management and private equity firms, custodians, and investment technology companies. Since 1992, Kathy Freeman Company has followed a proven, disciplined recruitment process that results in the perfect fit for each client. Call 805.542.0800 or visit www.kathyfreemanco.com.

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SOURCE Kathy Freeman Company



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