Ignites covers SEI's announcement that staff spend is driving growth as the firm tries to scale up headcount. In a tough labor market, this is a major investment. Citisoft's TOm Secaur weighs in: “There isn’t an asset management or asset servicing client that we’re working with right now that hasn’t been struggling with both talent retention and talent acquisition. Hiring and compensation freezes, the specter of layoffs, which subsided during the pandemic, but still loom, and relatively stagnant career paths, are all problems that must be addressed.”
For more on talent retention and hiring as well as details on SEI's growth, read the full article here.
