In his newly created role, Mr. Kearney is responsible for the management and oversight of all new business development for GIM, leading a team of professionals to drive growth and success for the firm. This strategic move showcases Glenmede's commitment to expanding their reach and offerings in the investment management industry.
Scott J. Kearney has been named director of global distribution, a newly created role, at Glenmede Investment Management. This appointment highlights the company's dedication to enhancing their global presence and attracting new clients from around the world.
We spoke to Melissa Hinmon, director of equity trading at Glenmede Investment Management in Philadelphia, about the progress that has been made so far. She emphasized the importance of staying ahead of market trends and making strategic investment decisions to benefit clients.
Glenmede has named Bethany Bryant as regional director of its Cleveland, Ohio office. This move signifies the company's focus on expanding their presence in key markets and providing personalized service to clients in different regions.
Michael R. Gallagher serviced customers with $600 million in AUM that generated about $4 million a year in fees, a lawsuit says. This legal action sheds light on the financial dealings of investment managers and the responsibilities they have towards their clients.
Understanding the embedded risk of passive concentration. The substantial shift from active to passive large cap investing over the past 20 years means investors need to be aware of the potential risk and rewards associated with this strategy.
An optimal approach is to provide each client with a diversified portfolio of uncorrelated, concentrated active managers and, in certain instances, use passive investments to enhance overall returns. This balanced approach is essential for long-term success in the ever-changing investment landscape.
PHILADELPHIA, April 10, 2024--Glenmede, a privately held and independently owned investment and wealth management firm, today announced the expansion of its leadership team with key appointments and promotions. This news highlights the company's commitment to growth and innovation in the industry.
PHILADELPHIA–(BUSINESS WIRE)–Glenmede, a leading investment and wealth management firm overseeing $40.5 billion in assets under management, continues to strengthen its position in the market with strategic hires and promotions. The company's dedication to excellence and client service is evident in their continued success.
