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Marc Mayer

Chairman and CEO, Manning & Napier

Years in current role: 4

What has been your organization’s biggest success over the past year?

It sounds counterintuitive for an investment firm to say this in the worst year for stock and bond markets in 14 years, but our most important success has been to be there for our clients and with our clients during these tumultuous times. The mettle of a wealth and investment management firm isn’t tested in good markets, it is proven during the difficult times. We have stayed close to our clients, advising them, sharing our insights, helping them navigate through stormy waters.

What advice would you give somebody just starting out in your industry?

Investment management and wealth management are, at one and the same time, deeply gratifying and profoundly humbling professions. It is an honor to have the opportunity to help people and institutions realize their desired goals, and succeeding at is a great way to spend one’s career. But humility is a necessity — this is a business of high highs but also low lows. We are never as smart as we think we are when investment results are excellent, but we are also not as stupid as we inevitably feel when our results are disappointing. With hard work and intense discipline, we can deliver the outcomes our clients need.

What are your favorite things about Rochester?

The people are wonderful! Warm, honest, straightforward, and strongly committed to each other and our community.

This profile is part of Rochester Business Journal's Power 30 Banking & Finance list for 2022. Information used in this profile was sourced from the honoree. View the full list at rbj.net.

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