- Senior leaders will continue to leave established, brand-named institutions. Some have already negotiated for the clock to start ticking on their non-competes.
- Strategic asset management will become a hiring priority, as acquisitions professionals refocus on new deal origination and financial engineering is no longer an option.
- Succession planning will finally come to fruition. Organizational design will broadly be in focus too.
- Consolidation will continue in the industry. Synergies don’t just happen on their own – integration is the name of the game.
- GP ownership will become a standard expectation amongst senior leaders and a key tool for retaining and attracting talent to institutions.
- There will be concurrent hiring and firing at an even ratio. Longevity in roles will no longer shield professionals from being let go and firms will focus on retooling teams with high performers that are aligned with growth strategies.
About Peak Perspectives by Highridge Search
We collect information from the field and aggregate it in short memos or comprehensive studies. Our goal is to provide you with the “pulse” of the market on topics such as talent development and retention, compensation, restrictive covenants, new team build-outs, lay-offs, and other human capital trends.
Be ready for short and sweet insights. Reach out if you need more from us! We are here to support the market and to help everyone grow their businesses with the right talent and alignment. darin@highridgesearch.com
