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.
Looking ahead to 2023, what does your wealth management firm’s ideal space-of-the-future look like and how close is that environment to what you currently have? Chances are it’s pretty different.
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.
The battle for recruiting and retaining employees has never been tougher. While financial firms are developing innovative new ways to accomplish this, there is one approach that (still) works better than most others.