Date: Apr 18, 2019Time: 6:30 PM to 8:30 PM
Apr182019

Wall Street Legend Greg Fleming Discusses Financial Services and the Economy

Thu, 6:30 PM TO 8:30 PM Grant Thornton
General PublicFinance

Description

Transforming a legacy family office with a famous name (Rockefeller) into a diversified financial conglomerate is no easy task. But Greg Fleming is taking it on with gusto. Since being named CEO of Rockefeller Capital Management last March, he’s been on a hiring and acquisition spree capitalizing on his experience at Morgan Stanley and the Rockefeller name.

“The resonance of the name is really remarkable across generations and across geographies,” he told Barron’s. “Millennials know Rockefeller, and it’s one of the most well-known names in China.”

Viking Global’s private equity arm has a stake in Rockefeller Capital. Their team reached out to Fleming to run Rockfeller once he left Morgan Stanley, where Fleming headed the wealth and asset management business. At Rockefeller, the new CEO’s goal is to reach $100 billion in assets under management within five years; up from its current $20 billion—a five-fold increase.

Part of the growth will come through acquisitions. In October, Rockefeller acquired Connecticut-based Greer Anderson Capital, which managed $200 million servicing high net-worth and ultra-high net-worth individuals and families.

“We’ll do more acquisitions,” Fleming told BusinessInsider. “I’ve done a lot of acquisitions in my career … This is a step along the way of building our capabilities and going down that growth path…We feel good about putting in place the building blocks.”

Fleming will join the Club to give an overview of his firm and his vision, discuss reinventing wealth management and the markets.

Join us for this conversation with one of the legends of Wall Street.

Please note that no refunds will be issued.

Bios

Speaker

Gregory J. Fleming

President and CEO of Rockefeller Capital Management

Gregory J. Fleming is the founding Chief Executive Officer of Rockefeller Capital Management. He has spent more than 30 years in the financial services industry, and has developed a track record of transforming businesses, engendering trust among institutional and individual clients and creating value for colleagues and shareholders.

Fleming assumed the role of CEO of Rockefeller Capital Management in March 2018. The firm was created from the former Rockefeller & Co. and combines wealth management, family office, and asset management with a strategic advisory capability. Fleming is a shareholder and member of the Board of Directors of Rockefeller Capital Management.

Prior to leading Rockefeller Capital Management, he was the President of Morgan Stanley Wealth Management and Morgan Stanley Investment Management. He served in these roles for 6 years and oversaw the transformation of both businesses. Under Fleming’s leadership, assets under management in Morgan Stanley Investment Management nearly doubled from $210 BN to over $400 BN. In Wealth Management, pre-tax operating margins increased from mid-single digits to over 22%, and FA attrition was reduced by more than half. During his tenure, Morgan Stanley bank assets more than doubled to over $100 BN.

Before joining Morgan Stanley in 2010, he served as President and Chief Operating Officer of Merrill Lynch from 2007 to 2009, and previously ran Merrill Lynch’s Global Investment Banking business. During the course of his career, he has advised on more than $200 billion in mergers and capital raising, helping clients navigate some of the most complex situations in the most challenging market environments. Fleming joined Merrill Lynch as an investment banker in 1992. He had also been a principal at Booz Allen Hamilton.

Fleming is a former director of Colgate University; a member of the Board of Advisors for the Yale Law School Center for the Study of Corporate Law, the Council on Foreign Relations and the Economic Club of New York; a director on Turn2 Foundation Board; a trustee at Deerfield Academy; and a member of the Ronald McDonald House Board of Directors. He also serves as an Advisory Director on the board of the Florida Marlins, a Resource Council member of the Turn 2 Foundation and serves on the Advisory Board of COVR, an innovative financial services start-up. He frequently serves as a Visiting Lecturer in Law and a Distinguished Visiting Fellow at the Center for the Study of Corporate Law at Yale Law School. He is a Phi Beta Kappa, summa cum laude graduate in economics from Colgate University and received his J.D. from Yale Law School.

Moderator

Chitra Nawbatt

Global Head of Market Solutions at Genpact

Chitra Nawbatt is a highly accomplished executive with a track record of leading, innovating and transforming organizations to achieve growth. Ms. Nawbatt has spent most of her career as a strategic multidisciplinary change agent with the mandate to build teams, processes and systems to reinvent culture, market strategy to execution, growth and risk management.

Currently, Chitra is the Global Head of Market Solutions at Genpact, a leading lean digital, artificial intelligence, analytics and design thinking consulting firm. She delivers strategic solutions to clients focused on revenue discovery and business performance transformation using digital, artificial intelligence and data analytics.

Previously, Chitra was the New York based Anchor for Reuters International TV where her broadcasts were seen by millions of households across the world including Asia, Europe, Africa and North America. C-level executives, politicians and world leaders had differentiated interviews with her because of her prior track record from Wall Street.

Before her media career, Chitra was a C-level executive at Deutsche Bank, as well as held leadership roles in the areas of Global Banking and Regional Management. Prior to Deutsche Bank, Ms. Nawbatt established risk management functions at CIBC, and before that started her career at EY in Advisory and Assurance. Chitra has her Certified Public Accountant designation and was educated at Harvard Business School, Harvard University and Rotman School of Management, University of Toronto.

You can reach her on twitter @chitranawbatt.

Share

Date Time

Date: Apr 18, 2019Time: 6:30 PM to 8:30 PM

Location

Grant Thornton757 3rd Avenue
New York, NY
View Map

Price

  • 50 / Non-Member
  • 20 / Member/Member Guest (limit one)
  • Free / Patron Members

Attendees

Tracy Aronson-Schwartz, Akhil Arvati, Lynn Barber, Andrew Bevan, J. Bevan, Marta Radzyminski Bialek - Radzyminski, Colin Bryan, Steve Burnham, Di Cai, John Campanella, Kevin Carmody, Timothy Carroll, Julia Chan, Savio Chan, Rob Colorina, Oliver Cromwell, Michael Dubin, Phil Dubinsky, Michael Duda, John Duebendorfer, John Duebendorfer, Elizabeth Fairfax Brown, Greg Fleming, Jonathan Fox, Matthew Franklin, Victoria Gordon, William Gordon, Jeanette Gorgas, Valisha Graves, Mary Hainsworth, Rena Han, Emma He, Robert Henry, Charles Imohiosen, Teresa Jankovic, Martha Jaramillo, Edward Joback, Oscar Junquera, Brian Kaufmann, James Kenefick, Jean Kim, Kyle Koentje, James Kyprios, Al Lambert, Soon Hyouk Lee, Stephen Lee, John Leonard, Sergio Leymarie, Pubin Liang, Brian Lippey, Brian Lippey, Jim McNamara, Bruno Medeiros, Barrie Moskowitz, HENRY NG, Chitra Nawbatt, Jamie Nicholson, Nyagaka Ongeri, Chris Paulison, Chris Paulson, Stephen Percoco, Helge Petermann, Ashray Prasad, Xiaowen Qiu, Kalliope Rena, Michael Rena, Anthony Smith, Craig Stanley, Craig Stanley, John Swanick, John Swanick, Kenneth Tatum, Conor Tochilin, Katie Tochilin, Ernie Toth, Mark Tremblay, Aigerim Tulepbergenova, Siby Vadakekkara, Kevin Williams, Kevin Omar Williams, Hao Yan, Andrea Zapatka, Emanuel Zareh, Suzana Zayed, Sue Xu Zhang, jose ysasi

Organizer

Barrie Moskowitz

Sponsors

Grant Thornton

757 3rd Avenue, New York, NY, 10017