One of the most important facets of the workday for Carin L. Pai, executive vice president and director of equity management at Fiduciary Trust, is helping the firm retain its top talent.
“By that extension, I am making sure that my clients are taken care of,” Pai explains. “If they are happy it puts the firm in a great position.”
In addition to leading a team of portfolio managers, Pai heads the firm’s equity strategy with the members of its investment leadership, fixed income, asset allocation and research units.
It is there where Pai says she is most apt to fulfill one of her passions; mentoring her junior team members.
“Dealing with people younger, and even more experienced or senior to me, comes with decades of experience,” Pai says. “I want to also make sure I am putting them in a position that works best.”
After starting her career as a research and trading associate with Prudential Financial, she later worked as a planning analyst for Federated Department Stores.
Pai, who was mentored by the late Jeremy Biggs, once the chief investment officer of Fiduciary Trust, says she hopes to provide other young women in the field the same opportunity.
Since joining in 1996, she has been involved as a mentor with the firm’s summer internship program as well as with its Women@FTI initiative, a career forum for junior-level female employees.
“Women need to support each other, and when there are a limited number of jobs, it’s important they see they’re not just competing with other women, but the whole pool,” she says. “Women need to talk positively about our successes.”