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Mandell Crawley

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58
first
2020-08-21
most recent
2020-08-21
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1
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podcast

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  1. “If you will, to that business. And there was an individual who ran the business, call it Circa 2005, 2006, who had always been impressed with. And so it was always an opportunity. When I was in the chief marketing officer job, one of the benefits of it for the first time I got an opportunity to sort of zoom out and see the full firm ecosystem. And I got an incredibly deep appreciation for the brand of Morgan Stanley, not just in the US context, but boldly. I also got an opportunity to appreciate how all of the different businesses within the firm. So from sales and trading, investment banking, prime brokerage, wealth management, investment management, all those pieces together. And the one common denominator across each of those businesses is that private wealth essentially had a reason to be connected with each of them.”

    2020-08-21 · Masters in Business · Mandell Crawley on the Private Wealth Business (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “Yeah, like private wealth business is a business that I've long had a great deal of interest in. So when I was in sales and trading in many respects, my core sort of market, if you will, my core client were financial advisors. And by definition, their clients. And so I had always been fairly proximate to the wealth management franchise. And some of our most active counterparties, if you will,”

    2020-08-21 · Masters in Business · Mandell Crawley on the Private Wealth Business (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “Responsibility for the overall resiliency of the firm. And so if you look at some of the executives at Morgan Stanley, that is, it's actually fairly common, more common than most people would think.”

    2020-08-21 · Masters in Business · Mandell Crawley on the Private Wealth Business (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Oversimplified way, you've got specialists, and then you've got what I like to call natural athletes, right, with stomach agility. And I've always sort of liked to think of myself as somebody who's got some versatility, who's got the dexterity to do a number of different things if given the opportunity. And so, you know, the culture of Morten Stanley as bizarre as it may sound somebody going from fifth income to becoming CMO, which by the way, my wife was quick to point out that I don't even have a creative bone in my body, but the firm clearly decided that I still was the right guy for the opportunity, but the firm has a history of moving talent across the ecosystem. A quick example of that is there's a guy who ran a co-led our fixed income business globally, who is now the chief technology officer also runs operations and has”

    2020-08-21 · Masters in Business · Mandell Crawley on the Private Wealth Business (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “Yeah. So I spent 14, 15 years in the sales and trading space. So as I mentioned, started out in the muni area, but moved over to credit and largely at war number different hats in the sales and distribution arena. And I had a healthy measure of success. And to the point, Barry, it's definitely far from intuitive going from being a bond salesman to chief marketing officer. And I had to attribute that to a couple of things. One, being at an organization, as you mentioned at the beginning, 28 years at a firm, and I happen to be fortunate to be at a place that's very much in growth mode because I think as a firm, if a firm's not growing, essentially the optionality of the employees is impaired. So Morgan happens to be in growth mode. Second, and this is more, I think, specific, and maybe this gets into a little bit of how I think about talent.”

    2020-08-21 · Masters in Business · Mandell Crawley on the Private Wealth Business (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “Night, we lost our parents relatively early. And life where I needed to work, right? So in addition to getting my education wasn't particularly optional around if I was going to work or not. So long story short, being aware of my personal situation, when my internship ended, I was given the opportunity to extend that. And when it came time to going to undergrad, I had the opportunity to work full-time. And then I ended up going to undergrad full-time in the evening. Again, it's a non-traditional path, but it's one that truly proved to be life-changing in so many ways.”

    2020-08-21 · Masters in Business · Mandell Crawley on the Private Wealth Business (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “Yeah, so the internship was supporting about 15 folks. It was a municipal bond public finance sales trading effort. And initially that internship was only supposed to last a year. And the guy who ran the desk essentially had the relationship with my local high school. It was a vocational high school in Chicago. And every year he essentially have a new student come in and it was a great opportunity to give a kid from the school some exposure and then you obviously have some relatively inexpensive labor doing some relatively administrative things, including running there and supporting your salespeople and your traders. And that had basically been the model for four or five years. And my situation was such where one of three boys, I won't get overly autobiographical here, but my brother”

    2020-08-21 · Masters in Business · Mandell Crawley on the Private Wealth Business (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “Thanks, Barry. I have to tell you my path to finance is unorthodox, to say the least. I started as a high school intern at one of these predecessor firms at Dean Witter. And at the time, it was a work study commitment making $5 an hour, working about 20 hours a week. I had zero interest in finance. I mean, frankly, I had every intention at that time of my young life to be an educator. But through this internship, I got exposed to financial services, specifically the sales and trading business, the capital markets, happened to work with a group of professionals who took a real interest in me. And the rest is, as they say, history.”

    2020-08-21 · Masters in Business · Mandell Crawley on the Private Wealth Business (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source