MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, January 10, 2005 Some Firms Are Better Than Others No less than three fund firms landed on Fortune magazine's annual top 100 places to work list. American Century Investments, named the 26th, was the highest ranking fund firm on the magazine's list. What made the firm, with 1,770 U.S. employees, so good to work at? "Every employee got a $1,000 cash bonus in '03 to celebrate success after three years of down markets. The company puts up to 13% of each employee's salary into a profit-sharing plan, regardless of employee contribution," wrote Fortune. SEI Investments ranked 70th because of its office environs: "The suburban Philly HQ of this investment firm has an open floor plan, with rolling desks, no walls, and top execs in the mix. Titles here reflect function, not "level." And employees own nearly half of SEI stock through the ESOP." Vanguard also got high marks for office space; the mega-fund firm ranked 72nd because "Staffers get the rooms with a view at this big mutual-fund company; officers sit in interior spaces." Vanguard also offers employees free on-site MBAs for A- and B-students. Three financial services firms with fund families also made the list: Robert W. Baird, Goldman Sachs and American Express, ranking 18th, 35th and 37th, respectively. Printed from: MFWire.com/story.asp?s=8774 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |