Your People, Your Workspace, Your Future
Nearly every firm we know has — or is in the process — of evolving their workplace in order to recruit and retain key talent and grow their business.
The first, entitled “The Workplace Will Never be the Same: Imperative for Real Estate Owners and Operators,” goes deep on the changing relationship between tenants and landlords.
Even if you own your building, as some Wealth Management firms do, there are still some good takeaways with regard to culture, space and their relationship to recruitment and retention.
The second, “Reimaging the Future of Financial Services Headquarters,” focuses on potential changes in physical workspaces and interactive technologies. While this article appears more focused on the banking and credit unions sectors, I also believe there are solid insights and tips that correlate to Wealth Management firms.
Corey A. Waite is a leading commercial real estate advisor to the financial services industry. As Founder and CEO of Rubicon Concierge Real Estate Services, Corey works directly with senior executives coast-to-coast to deliver strategic plans and transactional services focused on optimizing the needs of employees, clients and members.
Look Before You Lease
In our experience, successful Wealth Management firms don’t sell financial services. Rather, they offer their clients sustainable strategies and then they apply their expertise to deliver positive results well into the future.
Maybe Your Ironclad Lease Isn’t
A common perception among many wealth management firms is that there is little, if anything, they can do to improve their current office lease before renewal. Turns out, that’s a costly mis-perception.
Take a Walk!
The sticker shock rise in construction costs has many credit unions pulling back on their current project pipeline. While that makes sense, it doesn’t mean you have to suspend your overall growth plans.