Chicago-based FPL Advisory Group, an executive search and consulting firm with clients such as real estate investment trusts, real estate managers and private-equity managers says it now wants to represent top talent in asset and wealth management, too.
FPL recently said it has begun offering its professional services to clients in the real estate, asset and wealth management, health-care and hospitality and leisure sectors.
And it hired a veteran name in the recruiting sector, Amy de Rham, the former North American leader in the asset management practice at Korn/Ferry in Los Angeles, to lead the charge.
"This is a natural extension of the core franchise that FPL has built," said De Rham, an FPL managing director and national practice leader.
To her new role, De Rham brings experience in consulting with organizations including global financial services companies, money management and specialty firms, endowments and foundations and funds of funds.
In 2003, De Rham was part of a massive recruitment haul at Korn/Ferry, which picked up 31 "senior client partners," according to press reports. At the time, Korn/Ferry was rebounding from a two-year profit drought, which had forced it to cut its work force in half, and it lured De Rham over from rival Spencer Stuart in Chicago, where she worked in the financial services practice.
De Rham is based in Boston, the headquarters city of some large mutual fund companies and many asset management firms. "We're going where the business is," she said.
And since FPL's business takes it all over the world — it has offices in San Francisco, New York, London and Tokyo — it will also hire managing directors for these markets, she said.