aims to guide fund firms through the re-evaluation of their business models with a new hire. Eric Daugherty
, formerly a principal at The Vanguard Group
, where he led the Advice Services Group,will join kasina as resident intellect. His first day is April 1.
“Eric’s expertise in analyzing an organization, identifying improvement opportunities, and enhancing productivity will serve kasina’s clients as we look at reinvigorating the industry’s business models," Steven Miyao
, kasina's CEO, said a release.
NEW YORK (March 24, 2009) – Over the last year, many investment managers have lost almost half of
their operating revenues, creating a devastating cost structure. This has forced companies to take a hard look
at how to overhaul their current business models.
As a direct response to the current challenges that the industry is facing, kasina, a strategic management
consulting firm, has announced the hiring of Eric Daugherty as its Resident Intellect. Daugherty’s first day
will be April 1st.
“Because of the current environment, companies are rethinking the fundamentals of their business and
asking kasina to help them find ways of evolving their business models to ensure long-term viability,” says
Steven Miyao, kasina’s CEO. “We’ve been searching for the best people in the industry to guide our clients
through this tough time. We are excited to have found Eric Daugherty, as well as our recently named Senior
VP of Sales and Marketing, Deb Wetherbee (formerly of FRC).”
Mr. Daugherty comes to kasina with 15 years of hands-on experience in business unit leadership, financial
advice services, strategic planning, and financial analysis. Previously, he was a Principal at The Vanguard
Group, where he led the Advice Services Group, an experience that will prove to be invaluable as kasina
reexamines how firms sell through financial intermediaries. He also has a background as a strategic planner
and as a senior manager of several finance groups.
Mr. Miyao adds, “Eric’s expertise in analyzing an organization, identifying improvement opportunities, and
enhancing productivity will serve kasina’s clients as we look at reinvigorating the industry’s business
kasina's commitment to innovating distribution in the financial services industry has made it one of the most
influential strategy consulting firms in its sector. kasina works with a wide variety of clients from five continents,
including firms representing 90% of the U.S.'s total assets under management. An overview of services offered by
kasina is available at www.kasina.com.
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