The American Heart Association (AHA) is the nation’s largest voluntary organization dedicated to fighting heart disease and stroke. Over the years, they have invested more than $4.1 billion in research and positively affected millions of lives. Last week, Monticello Consulting joined our industry peers to assist in the fight against heart disease. We have helped raise awareness and funds to help the AHA continue their efforts to build healthier lives, free of cardiovascular diseases and stroke. Congratulations to all who participated in the 2019 Wall Street Run & Heart Walk. We had great time supporting an important cause and look forward to participating again next year!
Monticello’s NYC office enjoyed gathering with teammates this week for appetizers, drinks and conversation. It was nice to meet new joiners and hear about projects as the team gears up for the many new initiatives ahead this Summer. Thanks to all who could join us and we look forward to the next team event in June!
Monticello Consulting fosters an environment of continual growth and advancement as our consultants are often tasked with leading engagements and resolving complex challenges for our clients. Recently, our consultants attended Columbia Business School to pursue Executive Education with Professor Joel Brockner & Professor Caryn Block. The two-day interactive session on Leadership Essentials focused on understanding leadership personalities, emotional intelligence, team dynamics and change management. This training was not only a great personal career growth opportunity for our team, but also helps our clients reach their vision of excellence. Congratulations on another great career achievement!
Monticello was honored to serve as a sponsor of the Children’s Village Circle of Friends Annual Dinner yesterday. The evening was a festive gathering where the extraordinary contributions of their supporters were recognized, the year’s accomplishments were celebrated, and funds were raised in support of the Children’s Village ongoing mission to keep children safe and families together. The Monticello team enjoyed the celebration and we look forward to another great year ahead!
Monticello joined for another ESG discussion, hosted by MSCI and 100 Women in Finance. This event focused on investor perspectives on ESG investing, with industry leaders sharing thoughts on risk mitigation, monitoring sustainable and impact investing, and ESG policies across various asset allocator groups. This was a great opportunity to network with finance professionals involved with the current growth in ESG investing!
We believe ESG will continue to be in focus within our industry, as a growing percentage of retail and institutional investors truly believe in the positive impacts shown from these investment principles.
Monticello was pleased to join the High Water Women’s Organization in celebrating 10 years of Financial Literacy Teaching this week! Our firm is thankful for the opportunity to partner on such an impactful mission, providing low-income teens and adults with the skills and knowledge to manage their money responsibly. We are so excited to be part of this growing program, supporting the transformational education in our community that will impact generations to come.
Monticello headed down to Virginia for Darden’s Executive Education on Strategic Execution: Achieving Breakthrough Performance. This exciting two-day program included a debate on how companies can leverage alignment, architecture, ability and agility capabilities to achieve their strategic goals. As always, we are grateful for opportunities to continue learning and encourage our team to keep updating their professional toolkits!
Our team members attended the ISDA Symposium Phase 4, Phase 5, and the Future of Initial Margin Documentation training this quarter in Manhattan. Industry experts spoke about the intricacies of the Initial Margin requirements for Uncleared Swaps and how both buy-side and sell-side firms can prepare for the upcoming September 2019 and 2020 compliance dates. We’re looking forward to putting this useful information to work with our clients!
Monticello’s recruiting team attended Northeastern University's 8th Annual D'Amore-Mckim School of Business Alumni and Student Reception. Over 150 professionals joined to network and learn about career opportunities and the Monticello team was pleased to meet so many talented Northeastern University alumni!
Monticello joined 100 Women in Finance for an insightful conversation on the outlook for global hedge funds. There were various trends highlighted, including increased industry consolidation, co-investments and custom deals, as well as broader shareholder engagement with ESG focuses. We look forward to seeing how 2019 continues to develop and believe there are certainly opportunities for the alternative investment space ahead.
Monticello attended the DerivCon 2019 Conference in NYC this quarter, where important industry topics were discussed, including SEF rule changes, IBOR benchmark reform, along with harmonization efforts for SEC and CFTC regulatory rules. The keynote speech was delivered by CFTC Chairman J. Christopher Giancarlo, seen here with Monticello’s CEO, Will Morgan. Chairman Giancarlo’s address announced the commission’s work with the UK government and its regulators to provide a “bridge over Brexit for US / UK swaps markets” to ensure continuity of trading and clearing activities during and after a Brexit event, regardless of the outcome of the UK leaving the EU. Chairman Giancarlo also provided important insight to the new proposed rules for trading on Swap Execution Facilities (SEF) that could address some of the shortcomings and challenges with the existing rules.
Monticello’s recruiting department attended HackerRank’s talent workshop at the New York Academy of Sciences for a series of presentations and panels related to technical recruiting. Talent acquisition specialists from various industries shared valuable insights on the impact of digital solutions in recruitment, utilizing talent analytics, and attracting diverse candidates. Over 500 recruiting and technical professionals attended this workshop providing additional networking opportunities and discussions about recruitment challenges and strategies that deliver results.
Our team gathered to enjoy the NCAA Big East Tournament 2019 at Madison Square Garden in NYC, as well as each other’s company. Cheers to another great firm social event and to the exceptional teams moving forward in the tournament.
The Inwood House/Children’s Village recently hosted its annual Spring Educational Luncheon to support their valuable work, keeping children safe and families together in our community. Monticello Consulting Group gladly supported this event while Joanna Horowitz CFA, our Corporate Responsibility and Diversity Lead, served as a co-chair helping make the event a success
To raise awareness of an important issue facing children and teens today, a team of expert panelists tackled a thought-provoking and engaging topic – The Impact of Separation of Families: from Anxiety to Thriving. The discussion covered a number of strategies for improving children’s experiences in times of separation, as well as suggestions on how parents can manage themselves during these difficult times as well.
If you are interested in joining Monticello and supporting the Inwood House at the Children’s Village, please visit https://childrensvillage.org/donate
Monticello employees gladly participated once again in financial literacy education courses, developed through a partnership with the High Water Women organization and a public New York City High School in Queens, NY. Our firm volunteers appreciated sharing their knowledge and time with the students and watching them learn! If you’re interested in joining Monticello and volunteering for financial literacy education opportunities with the High Water Women, please click here to visit their website.
On International Women’s Day, we thank our team members and colleagues for their leadership and partnership with Monticello to support the movement for women’s rights. We fondly think back to our inaugural NYC End-of-Summer networking event held in 2018, where our guest speaker and good friend, Katrina Dudley CFA, portfolio manager of Franklin Templeton Mutual Series, shared strategies on how we can all support and further advance the careers of women on Wall Street.
Monticello truly enjoyed the engaging discussion on Outsourced Chief Investment Officers (OCIO) hosted by 100 Women in Finance. The panelists dove into both the opportunities as well as implications from growth in the OCIO market, which the panel estimated having a CAGR of 33% over the last decade, 11% expected 5-year CAGR on a go forward basis, with current AUM of $1.6 trillion. This massive growth has been driven by both fee compression in the industry and an increased demand for a higher level of fiduciary oversight of portfolios managed by institutional investors, endowments, foundations, and corporations.
Alongside the CVMSDC (Carolinas-Virginia Minority Supplier Development Council), Monticello Consulting Group supports the Foodbank of Southeastern Virginia and the Eastern Shore. This organization gives back to the community, fighting hunger and supporting neighbors in need – we thank you for all the assistance you provide locally!
Monticello was pleased to host a gathering of our global banking clients, consultants, and industry partners after work in New York City, enjoying engaging conversation alongside delicious Greek food and traditional beverages. As the start of 2019 has been fast-paced and filled with growth for Monticello, we thank all our clients for the opportunity to serve their business needs and remain leaders in the financial services marketplace. Thank you to everyone who joined the festivities this week!
Monticello team members attended Scrum Alliance Certified ScrumMaster ® (CSM) training to gain a stronger understanding of the mindset and roles of Scrum and to learn how to instill an agile philosophy. Our consultants are focused on growing and expanding their professional toolsets to improve client delivery; we look forward to applying these agile methods on current and future projects!