Obstacle
The asset and wealth management business has a talent challenge.
Solution
Students are taught the fundamentals and language of the industry as well as possible career paths for employment.
Results
Firms and their clients benefit from intentional hiring practices.
Program Goals Through 2025
To have 65 participating colleges and universities.
We have 59 schools participating.
To have over 10,000 students complete the program.
We have over 9,100 graduates.
To have 50% women participants.
Currently, 34% of participants are women!
To have 50% minority participants.
Currently, 32% of participants are minorities!
To have 50% or more of participants enter the industry.
Since inception, close to 15% of located graduates have entered the industry!
Industry leaders discuss the current talent challenge and how Envestnet Institute on Campus can attract young, talented individuals to the wealth and asset management industry.
Program Sponsors
Envestnet
Envestnet, Inc. (NYSE: ENV) is a leading provider of integrated portfolio, practice management, and reporting solutions to financial advisors and institutions. Our open architecture platform encompasses a broad range of institutional-quality research, investment products, and advisory resources. The Envestnet Platform gives you the tools to conquer complexity and drive your success. Learn more>
Fidelity Investments
Fidelity Investments® helps over 32 million people feel more confident in their most important financial goals, manages employee benefit programs for over 22,000 businesses, and supports more than 13,000 financial institutions with innovative investment and technology solutions to grow their businesses. Fidelity’s diverse businesses and independence give Fidelity insight into the entire market and the stability needed to think and act for the long term as the firm delivers value to its customers. Learn more>
Disclosure,
Fidelity Investments is an independent company, unaffiliated with Envestnet Institute On Campus. Fidelity Investments is a sponsor of Envestnet Institute On Campus. There is no form of legal partnership, agency affiliation, or similar relationship between Envestnet Institute On Campus and Fidelity Investments, nor is such a relationship created or implied by the information herein. Fidelity Investments has not been involved with the preparation of the content supplied by Envestnet Institute On Campus and does not guarantee, or assume any responsibility for, its content. Fidelity Investments is a registered trademark of FMR LLC. Third parties referenced herein are independent companies and are not affiliated with Fidelity Investments. Listing them does not suggest a recommendation or endorsement by Fidelity Investments.
200 Seaport Boulevard, Boston, MA 02210
Fidelity Clearing & Custody Solutions® provides clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC.
©2019 FMR LLC. All rights reserved.
897742.2.0
BlackRock
BlackRock (NYSE: BLK) is trusted to manage more money than any other investment firm*. Our business is investing on behalf of our clients — from large institutions to parents and grandparents, teachers, nurses, doctors and people from all walks of life who entrust their savings to us.
BlackRock has world-class capabilities designed for our clients’ greatest needs, with a comprehensive range of products and services across asset classes, geographies and investment strategies. We have expertise in every region around the world, with 135 investment teams in 30 countries sharing their best thinking in order to seek better returns.
Their clients come from every corner of the globe. They are governments, companies, foundations, and millions of individuals saving for retirement, their children’s educations and a better life. Learn more>
Franklin Templeton
Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. Our unmatched range of specialist managers provides our clients deep expertise across asset classes, investment styles, and geographies. All with a single focus: delivering better client outcomes. Learn more>
Learn More
Program Overview
To build a bridge between the college and university environment and the asset and wealth management solutions industry to train talented students and better position them for employment,
Addressing The Talent
Challenge
It’s no secret that the asset and wealth management industry has a
TALENT CHALLENGE.
We’re addressing the issue.
Resume Hub: How it Works
To further meet Envestnet Institute on Campus’ mission of bridging the gap between higher education and the asset and wealth management industry.
Advisory Board
Jean Heath, CIMA®, Chairwoman
Envestnet Institute On Campus Advisory Board
Jean, is Principal Director, Asset Management Relations; Asset Manager Network Services, of Envestnet. She has 24 years of diverse experiences within the managed account and advisory business and has held leadership roles in key account management, consultative sales, strategic marketing, branding, and channel development.
Currently, she is responsible for the investment products on the Envestnet platform and determines and optimizes the economic model and engagement between Envestnet and its asset manager partners. Her team is responsible for deepening relationships with asset managers across the Envestnet suite of services, and ensuring that these managers have the tools, training, and knowledge they need to be successful distributors throughout the Envestnet ecosystem.
She also is Head Chair of Envestnet’s managed product acceptance committee and advocates industry best practices. She has been an active mentor to young women professionals and is the Chairwoman of the Envestnet Institute on Campus Board and a member of Money Management Institute (MMI) Board of Governors. Jean is also a member of the Women’s Leadership Forum of Philadelphia. In 2017, she was named one of Profiles in Diversity Journal Women Worth Watching. Learn more>
Board Members
Anand Sekhar
Program Sponsor and Board Member
Anand Sekhar, is Vice President of Practice Management & Consulting for Fidelity InstitutionalSM, a business unit of Fidelity Investments dedicated to serving financial intermediaries and institutions. In this role, he is a strategic business consultant to clients and contributor to Fidelity’s Practice Management program, helping lead the direction and development of advisor tools, whitepapers and resources in the areas of client experience, strategic planning, and talent strategies.
Prior to his current role, Anand spent several years in roles in Fidelity’s retirement division and as part of a mid-level leadership development program rotating across the firm.
Prior to joining Fidelity in 2004, Mr. Sekhar worked for several years at Procter & Gamble helping launch Charmin into Canada and Latin America.
Mr. Sekhar received a Bachelor of Science in Chemical Engineering from Rensselaer Polytechnic Institute and a Masters of Business Administration from Babson College. Learn more>
Valerie Mosley
Board Member
Valerie Mosley, is the founder, Chairwoman, of Valmo Ventures, was the former Senior Vice President, Partner and Investment Strategist, Wellington Management Company. She created Valmo Ventures, which advises and invests in companies that add value both to investors and society. Learn more>
Sharon Rosenthal
Board Member
Sharon Rosenthal, is the Chief Human Resources Officer and joined Envestnet in 2013 and is responsible for overall human resources strategy, talent acquisition, leadership development, diversity and inclusion, organizational design and cultural development, employee education and development, compensation and benefits, HR operations and technology, and employee relations. Learn more>
Laura James, CIMA®AAMS®
Program Sponsor and Board Member
Laura James, CIMA®AAMS®, is a Vice President with the Platform Relations Team. In her current capacity, she works with custodial firms, banks and private banks for Franklin Templeton and is responsible for home office client engagement, including business development, product placement and the communication of Franklin Templeton investment insights.
Prior to joining Franklin Templeton, Laura was a Director of National Accounts for Columbia Threadneedle Investments where she held key strategic relationships with broker dealers, banks and private banks. She joined Columbia Threadneedle in 2003 as a member of retail distribution before joining the Strategic Relationship Team in 2007.
She has 22 years of experience in financial services and holds an M.B.A. from The University of North Carolina – Charlotte as well as a Bachelor’s degree from Winthrop University. Ms. James holds the Certified Investment Management Analyst (CIMA) designation, Accredited Asset Management Specialist (AAMS) designation, and is a member of the Investments and Wealth Institute. In addition, Laura holds the Series 7, Series 63 and Series 24 licenses.
In her free time, Laura enjoys spending time with her family and volunteering with Love Without Boundaries, a non-profit charitable organization providing humanitarian aid to orphaned and impoverished children. She also serves on the Board of Directors for the Gift of Adoption Fund Carolina’s Chapter. Learn more>
Tricia Baxter
Board Member
Tricia Baxter, is currently a Product Manager with the Envestnet Analytics team. She has been involved with the Envestnet Institute on Campus program since its inception in 2015 as the Associate Program Director. Her responsibilities included interacting with the students, universities and sponsors. In addition, she managed the website, eLearning program and all inquiries on the program. In 2019, Tricia transitioned from the tactical responsibilities of the program and joined the Advisory Board in 2019 to help support efforts to grow the program. Learn more>
Paul Drakeley
Program Sponsor and Board Member
Paul Drakeley, is Managing Director, and head of the USWA RIA & Direct National Accounts team responsible for business development and relationship management to custodians, national RIAs, TAMPs, direct investor platforms and wealthtech firms for BlackRock.
Prior to this role, Paul was head of National Accounts for the wirehouse channel with primary responsibility for BlackRock’s relationship with Bank of America Merrill Lynch. Paul joined BlackRock in 2010 on the iShares National Accounts team leading coverage for wirehouses, independent and regional broker-dealers.
Prior to joining BlackRock, Paul worked at the Vanguard Group as a National Accounts Executive and Regional Sales Executive responsible for national and regional broker-dealer channels for Vanguard’s ETFs and mutual funds. Previously, Paul was a fixed-income trader in Vanguard’s Brokerage Services business.
Paul prior experience includes various sales and trading and wealth management roles within Merrill Lynch and Lehman Brothers. Paul received a BS in Finance and an MBA from LaSalle University. He holds his series 7, 24, 63 and 65 FINRA licenses.
Paul resides in Chalfont, PA with his wife and four children. Learn more>
Tisha Boyd,
Board Member
Tisha Boyd, SHRM-CP, Senior Director, Learning & Development Partner, at Envestnet, has 10 plus years in leading the design and execution of learning, development and training programs for top-tier organizations and professionals at all levels. Learn more>
Kipp Cormier
Board Member
Kipp Cormier, is the Senior Director, and Eastern Divisional Manager of the Advisor Sales and Practice Solutions Team at Envestnet. In this role, he maintains oversight of the sales team responsible for supporting advisors in the Eastern part of the US, empowering them to leverage Envestnet’s always-on financial wellness ecosystem and deliver The Intelligent Financial LifeTM for their clients. Kipp possesses over 25 years of sales experience, with more than 17 years in the financial services industry, holding various senior sales positions with leading Fortune 500 companies. He received his Bachelor of Arts in Psychology from the University of Maine and has completed FINRA Series 6 and 65. Learn more>
Disclosure,
Fidelity Investments is an independent company, unaffiliated with Envestnet Institute On Campus. Fidelity Investments is a sponsor of Envestnet Institute On Campus. There is no form of legal partnership, agency affiliation, or similar relationship between Envestnet Institute On Campus and Fidelity Investments, nor is such a relationship created or implied by the information herein. Fidelity Investments has not been involved with the preparation of the content supplied by Envestnet Institute On Campus and does not guarantee, or assume any responsibility for, its content. Fidelity Investments is a registered trademark of FMR LLC. Third parties referenced herein are independent companies and are not affiliated with Fidelity Investments. Listing them does not suggest a recommendation or endorsement by Fidelity Investments.
245 Summer Street, Boston, MA 02210
Fidelity InstitutionalSM (FI) provides investment products through Fidelity Distributors Company LLC; clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC; institutional advisory services provided by Fidelity Institutional Wealth Adviser LLC.
©2021 FMR LLC. All rights reserved.
897742.22.0