Stuart Sadick’s Post

With private credit rapidly expanding, the need for top talent has never been greater. In this article, Heidrick & Struggles' John Rubinetti sheds light on the career opportunities and strategies for thriving in this dynamic space. https://bit.ly/4ayXI41 #PrivateCreditCareers #Lending #Finance

Private credit is booming, with demand for top talent surging as the field grows. In this article, Heidrick & Struggles' John Rubinetti shares valuable insights on the unique opportunities this sector offers and what it takes to succeed. https://bit.ly/4ayXI41 #PrivateCreditCareers #Lending #PrivateCreditIndustry

Private credit is booming, with demand for top talent surging as the field grows. In this article, Heidrick & Struggles' John Rubinetti shares valuable insights on the unique opportunities this sector offers and what it takes to succeed. https://bit.ly/4ayXI41 #PrivateCreditCareers #Lending #PrivateCreditIndustry

Many family business owners delay succession planning as family businesses are often deeply tied to the identity of founders, making stepping back emotionally challenging. This difficulty is compounded when successors are unprepared, lack the founder's vision or are seen as unready to lead. According to a recent study by BBH, 45% of family business owners say they would not sell the business in the next 12-24 months due to their personal connection to it. And while 91% believe it is important for the business to remain in the family, 29% still struggle to pick a successor. Wealth managers and private banks can provide crucial support during this transition, helping clients navigate the complexities of succession. The key is to engage early to avoid crisis moments, helping the family reframe succession as a growth opportunity while assisting with governance and board management. Our team of experts at KPMG understand how difficult it can be to pass on the family business while maintaining a strong legacy and vision for the future. Get in touch to discuss how we can help make succession more seamless and help prepare the next generation of family business leaders. #familybusiness #succession #KPMG Brent Murphy Wayne Gatt Steph Loadsman Courtney West Kaajal Prasad Daniel Trimarchi Paul Robson Julie Dolan Rachel Witte Melanie Leis David Minuzzo Jock Foster Agnes Vacca Sarah Josey Steve Manners Josh Geelan Derek Campbell Keith Drewery Catherine Eastman Kristina Kipper Image source: Brown Brothers Harriman

Interesting insight posted by our global head of family businesses below. This shows that the battle to help family owned businesses plan adequately for succession is real and global. Do you know a family owned business who needs to think through succession? Do encourage them to get advice and get it now. There is no successful operation on the earth which doesnt have structures, systems and processes underguarded by governance and risk management strategies in place. Help save a family business, Help build our economy, Encourage someone to get advice today. #familybusiness #succession #economicgrowth #global

We’re at a delicate point in the U.S. corporate environment, marked by a massive gap between the largest companies and the rest. Equity values and corporate profits are much more heavily concentrated at the top than in years past. The top 100 U.S. corporations now generate over 90% of the country’s total profits, a stark difference from decades past (in 1997, this figure was just 52%). At the same time, 40% of companies in the Russell 2000 have negative earnings and U.S. bankruptcy filings and speculative grade default rates are on the rise. Our team at Orchard Global continually evaluates capital opportunities amid changing market conditions. As we move through 2024, we are tracking this Great Divide, watching out for corporate stress among all but the largest firms.

Following the announcement that Legacy Wealth Advisors was awarded Independent Wealth Manager (South East Asia) at the WealthBriefingAsia Awards 2024, we are pleased to share Elizabeth’s recent interview with Acclaim Magazine. In this interview, Elizabeth shares some thoughts on Legacy’s winning formula and what she would like to see changed about the wealth management industry. Can you guess? we'll give you a clue with one of her favourite quotes: “The most important thing is to keep the most important thing the most important thing" - Donald P. Coduto #clientfirst #wealthmanagement

Big news in the advisor recruitment world! 🌟 Josef Najar, leader of the $3.6 billion Morgan Stanley NYC team, is set to join Rockefeller after a 90-day garden leave. Najar is moving to Rockefeller to offer his ultra-high net worth clients better service. Brian Malloy and client associates Katherine P. Hudson and Stephen P. Schwab have already made the transition. What factors do you find most critical when advisors decide to switch firms? How do you balance personal career growth with meeting the needs of your clients? Share your thoughts below! 💬  #FinancialAdvisorRecruitment  #WealthManagement  #AdvisorMoves  #MorganStanley  #Rockefeller  #WealthPlanning 💼

"No buy-and-hold approach — Holdings must earn their place in the portfolio every day." Tom Davis, portfolio manager from Jennison Associates, discusses how a strong sell discipline is key to successful growth investing. You can watch the highlights from Thomas’s presentation here: https://lnkd.in/dZebxVCX

🚨 Breaking News: Shake-Up at Paloma Partners Management Company 🚨 Neil Chriss, the seasoned quant strategist and renowned finance luminary, has abruptly left #Paloma after a whirlwind 11-month tenure. A former Millennium powerhouse and the brain behind Hutchin Hill Capital, Chriss's stint as CEO and co-chief investment officer at the $3.3 billion behemoth was marked by big hires, a strategic overhaul, and a flashy new office in #NYC's midtown. 🏢💼 Under his leadership, Paloma welcomed top-tier talents like #Ravi_Singh from Goldman Sachs and Chris LaSusa, previously with #Steve_Cohen, hinting at a bullish push into the long-short equity game. 🌟📈 Yet, not everything was smooth sailing. Amidst a backdrop of modest returns and a significant restructuring in September, whispers of a rocky phase have surfaced, with 10 employees reportedly shown the door. 📉🚪 Despite the turbulence, Paloma’s patriarch, donald sussman, remains optimistic. Echoing his late '80s move that helped birth The D. E. Shaw Group, Sussman's latest letter beams with pride over snagging algorithmic aces from #Model_Six, Quantessence_Capital, and #Ritter_Alpha. 🌐📊 #Finance #LeadershipChanges #Paloma #QuantTrading #HedgeFunds