Joe Carrubba
Managing Director & Partner
New York
Joe Carrubba leads the Asset Management segment in North America for Boston Consulting Group, and is a core member of the Financial Institutions practice area. He advises clients on a variety of strategic, operational, and organizational issues within asset management, asset servicing, wealth management, and banking. Joe has led many large performance improvement programs for financial service players and is a BCG topic leader in asset management, asset servicing, and digital transformation. He is also a core member of BCG’s office of the CFO.
Prior to joining BCG, Joe worked at a leading asset manager.
North American wealth managers entered the recent crisis in worse shape than they entered the Global Financial Crisis of 2008/2009. This creates a pressing need for change, and a revitalized agenda is called for to establish strategic priorities and a winning game plan.
Firms have been late to the present, and they’re even further behind in preparing for the future. With shifts accelerating, leaders must commit to essential changes now.
Alternatives continued to be one of the strongest-performing asset classes overall in 2019, but not all alternatives are created equal.
This paper aims to understand what differentiates top-performing wealth managers from the average and identify the key strategic levers wealth managers can use to stand out from the crowd.
Foreign asset managers may now expand into China, but they must tailor their strategy to the market’s unique characteristics.
