FamCap’s 50 Top Investment Professionals – New York City, MBAs and males dominate

If you’ve got an MBA, are male, and live in New York City, then the chances are you could be working as a top investment professional at a family office. Those three attributions were dominant themes among FamCap’s latest 50 top investment professionals in North America survey.

Out of the 50 top investment professions in the survey, 32 had MBAs, 14 worked in New York City, and 37 of them were male. And when it comes to MBAs, it may be beneficial that the degree was from either Harvard or Stanford, with eight coming from the former and six from the latter.  

FamCap’s Top 50 North American Investment Professionals – The Survey

Women made up 26% of the survey, suggesting that the top investment professionals at family offices are still predominantly men. This compares with 29% of C-suite employees who are women in the US, but compares favourably to the percentage of top positions for women in fund management, which is as low as 12% in some surveys. 

A sprinkling of top professionals was found throughout the US, suggesting that the investment ecosystem was well spread out across the country, despite the dominance of New York City

Unsurprisingly, ethic minorities are very much still a minority when it comes to top investment professionals at family offices, with only five on the survey – two were Chinese American and three were South Asian American. There were no African Americans in the survey.

Although New York City dominates the location of these professionals, two of the top five were based in Seattle, and out of the 50, three were based in Chicago. Six of the professionals were based in California, three in Florida and Texas, and four in Canada.

But a sprinkling of top professionals was found throughout the US, suggesting that the investment ecosystem was well spread out across the country, despite the dominance of New York City. 

MBAs might dominate, but there is still room for those with a first degree to reach the heights of their profession. Thirteen respondents on the survey held a Bachelor’s degree, with most of these degrees being in business, finance, or economics.