Compliance Teams Can Make or Break a Mandate

An asset manager’s compliance staff does more than just say “no” to their colleagues, they help win mandates. ….Asset managers no longer want someone who just tells colleagues what isn’t allowed, but instead someone who can offer creative responses to problems and propose new ideas, says Alan Johnson, managing director of Johnson Associates. ….Compliance as…

Managers’ Incentive Pay to Grow, Outpacing Banks

Strong investment performance and positive inflows will translate into more money in the pockets of asset management firm executives in 2014, new research has found…. “The increases in pay in the asset management business make it one of the most attractive parts of financial services,” says Alan Johnson, managing director of compensation consulting firm Johnson…

Asset Managers Trump Banks for Analysts

Equity analysts at asset managers often enter the position for life, a decision that could be paying off with better compensation and work culture than their investment bank counterparts. Before the financial crisis, working on the sell-side of finance was known to be arduous but lucrative. Since then, industry changes have lowered the pay and…

Morgan Stanley to Pay More Bonuses Right Away

….Morgan Stanley isn’t the only bank de-emphasizing delayed gratification for its bankers and traders. Deferred bonus pay has been on a slow decline since 2010, according to consulting firm Johnson Associates Inc. Earlier this year, Johnson Associates estimated about 36% of a $1 million bonus on Wall Street is deferred, compared with 45% in 2010.…

Employers Embracing Wage Hike

….Meanwhile, many retailers such as IKEA, Gap, Whole Goods and Costco aren’t standing idly by, waiting for Congress to take action. They’re already paying workers above the federal minimum wage, adds Alan Johnson, managing director at Johnson Associates, a New York-based consulting firm that specializes in compensation. Minimum-wage laws have also been passed in 22…