FPL Advisory Group, an executive search and consulting firm whose client's include leading real estate investment trusts, real estate managers and private equity managers, wants to expand its roster to include top-talent for asset and wealth management firms, too.
FPL announced last week it has begun offering its services to clients in the real estate, asset and wealth management, healthcare and hospitality and leisure sectors. The Chicago-based company said it is hiring one of the most visible names in the recruiting sector, Amy de Rham, the former North American Leader for the asset management practice at Los Angeles-based Korn/Ferry, to lead the charge.
“This is a natural extension of the core franchise that FPL has built,” said de Rham, FPL’s managing director and national practice leader.
For her new role, de Rham brings in experience consulting to organizations including global financial services companies, money management and specialty firms, endowments and foundations, and fund of funds. In 2003, she was part of a massive recruitment haul at Korn/Ferry, which hired 31 “senior client partners."
At the time, Korn/Ferry was rebounding from a two-year drought of profits, which forced it to cut its workforce by half, and it lured de Rham from rival Spencer Stuart, which is also based in Chicago. She began her executive search career at Spencer Stuart as a member of its financial services practice.
De Rham is based in Boston, which headquarters many of the largest fund companies, and asset managers. “We’re going where the business is,” she said.
FPL has offices in San Francisco, New York, London and Tokyo, and de Rham said it plans to hire managing directors to expand operations in those markets.