Senior Vice President of Fidelity Investments and Bank of America: Lee Harbert
De BISAWiki
Not lots of leaders in the financial services industry can boast a résumé as effective as that of Lee Harbert. Lee Harbert’s solid reputation with in the financial planet is built on his commitment to excellence and ethics. The pinnacle of his career until now was his work as a Senior Vice President both at Faithfulness Investments and Bank of America.
The Road to the Leading
Lee Harbert got his begin as a college graduate fresh out of the Stephen M. Ross School of Business at the University of Michigan. With a BBA in Business and Accounting, Lee Harbert accepted a post as the assistant treasurer at the Advance Mortgage Corporation of Southfield, Michigan. From that inauspicious starting point, his future positions would consist of:
- Director of Operations at Midland Montague
- Vice President of Crocker National Bank
- Managing Director of Barclays Global Traders
With all these credentials under his belt, Lee Harbert was ready to claim the title of Senior Vice President at Bank of America. Lee Harbert’s management of Bank of America’s worldwide staff was commendable. Moreover Lee Harbert managed to diminish performing losses by $8 billion. Bank of America also gave Lee Harbert the chance to gain invaluable experience in negotiating productive mergers.
After his accomplishment at Bank of America, Lee Harbert was ready to shift into a Senior Vice President role at Faithfulness Investments. Under his direction, Fidelity Investments renewed its focus on supplying the Health care and Education and learning industrial sectors with reasonable retirement plan solutions. Lee Harbert also built on his successes at Bank of America by working to make 10% annual working savings.
The Takeaway
Employ your education to spur you towards your ultimate goals. Lee Harbert goes on to build his career on his education. With the right training and experience, you can achieve any of your dreams.
Lee Harbert has proved himself over and over in the realm of fiscal services. With stints at Bank of America and Faithfulness Investments on his résumé, Lee Harbert has easily fashioned a profitable career as a monetary services executive. One of Lee Harbert’s newest positions was as the Managing Director at Barclays Global Traders.
As the Managing Director at Barclays Global Traders, Lee Harbert was in direct control of the daily operations of the firm . Lee Harbert’s experiences at Barclays Global Traders present aspiring businessmen with the following 3 lessons on business.
1. Play to Your Strengths
Lee Harbert already had extensive experience in negotiations and mergers. Although his work at Barclays Global Traders was less concerned with mergers, Lee Harbert used his unique talent set to retain the company’s largest client, the federal government. With over $74 billion in assets, this retainer was a large part of Lee Harbert’s achievement in growing the business .
This growth allowed the company to improve in the ranking of asset managers for defined contribution plans. By the end of Lee Harbert’s time at Barclays Global Investors, the firm had risen to fourth place on this list. Lee Harbert’s ability to manipulate his strengths to help his current job created an explosion of profit.
2. Build Your Network
At Barclay Global Traders, Lee Harbert strove to advance personal relationships with customers. All of these relationships can certainly make or break a business. Lee Harbert used his growing knowing of the company’s clients to lead the development of new items that would be sure to meet the clients.
3. Learn how to Multi-Task
The position of Managing Director needed Lee Harbert to handle multiple responsibilities all at once without losing the excellent of his work. Aspiring businessmen will locate it critical to be capable of prioritizing and juggling several different tasks.
