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Marc Mayer

Chairman and CEO, Manning & Napier

Years in current role: 3

What do you enjoy most about your role?

By far the most satisfying element of being a wealth and asset manager is helping our clients — families, foundations, endowments, and retirement plans — achieve the outcomes they require, such as security in retirement or the enduring good works of philanthropy. By providing great advice, differentiated investment solutions, and superior investment results for clients, we help them meet and exceed their goals. I get to do this by working with the singularly talented and dedicated team at Manning & Napier. Together, we strive to deliver excellence every day.

What is the No. 1 tip you would give to people or companies about planning their finances amid uncertain times?

Nothing is more important than having a clearly defined, thoughtfully designed financial plan, and sticking to it despite all the daily noise and turbulence. It is simple to say, and seems so obvious as to not require articulation, but coming up with a truly well-architected plan is not trivial. Staying with that plan when confronted by a barrage of seemingly conflicting information all the time is even harder. But it is the surest way to navigate uncertainty.

What community organizations do you support as a volunteer and why?

At Manning & Napier we are committed to helping our Rochester community address humanity’s most fundamental needs: food, shelter, health care, education, and social justice. I, and we at Manning & Napier, volunteer and contribute to dozens of exceptional local organizations, among them the Rochester Area Community Foundation, Action for a Better Community, Foodlink, Habitat for Humanity, Education Success Foundation, United Way, and on and on. I’ll highlight my most demanding volunteer experience: teaching first-graders about money and saving for a week as part of Junior Achievement. Doing it remotely was even more demanding — preparing material, mastering the specific technology, figuring out how to keep 25 young students engaged. Much more stressful than my day job!

This profile is part of Rochester Business Journal's Power 30 Banking & Finance list for 2021. Information used in this profile was sourced from the honoree. View the full list at https://rbj.net/2021/12/17/rbjs-power-30-banking-finance/.

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