To address the changing leadership needs in the $72 trillion asset management industry, RSR Partners, an executive search and leadership consulting firm, announced today its acquisition of Higdon Partners, a leading asset management recruiting and advisory boutique.
Announcing the acquisition, RSR Partners Chief Executive Officer Brett Stephens said, “With proxy access and the trend toward greater shareholder-director engagement, active institutional asset managers are increasingly shaping board composition and decision making. Combining our board advisory capabilities with Higdon Partners’ renowned asset management expertise uniquely positions our firm at the increasingly important nexus of institutional shareholders and corporate boardrooms to provide unparalleled strategic counsel and leadership advice.”
Hank Higdon, RSR Partners’ new vice chairman, stated, “Over the past 30 years, we have recruited many of the most successful asset management professionals in institutional and alternative asset management, academic and philanthropic endowments, and family offices. We are thrilled to be joining RSR Partners; their resources will enhance the breadth and reach of our ability to serve our prestigious client base.”
Graham Michener, head of the firm’s Financial Services Practice, added, “We are excited by the addition of the Higdon Partners team. This combination not only helps fill a void in our Financial Services Practice, but also brings some of the best and brightest search talent in the asset management arena to RSR Partners and, more importantly, our clients.”
“Hank Higdon, Jane Bierwirth, Maryann Bovich, Ed Fowler, Meg Morris, and the entire Higdon Partners team are some of the most experienced and respected professionals in asset management recruiting and advisory. They are a wonderful addition to our financial services capabilities,” RSR Partners Founder and Chairman Russ Reynolds said.
To learn more about the newly-combined company, and how it offers the more strategically-driven and comprehensive leadership solutions that today’s boards of directors and chief executives are seeking, visit www.rsrpartners.com/higdon.