Printer Friendly
The Free Library
14,529,525 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Persistence, resilience are relevant in investments, too.


REVA REVA Risa En Voz Alta (Spanish: laugh out loud)
REVA Recommended Vehicle Adjustment
 Shakkottai said she has lived by the credo of persistence and resilience throughout her career in investments and finance. And as Neuberger Berman's new regional vice president in the private asset management group, she is responsible for her clients' investment strategies.

"Money management is not just about punching data into an asset allocation Asset Allocation

The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio.
 model," she said, "but about having a singular focus on helping clients choose portfolio strategies that win over time in virtually any market environment."

She grew up in Pasadena; her father was a rocket scientist Rocket Scientist

In the world of finance, these are people with science and math degrees who work in the finance field building highly advanced quantitative finance models. These models help banking, insurance and investment firms to price financial instruments.
. She obtained a bachelor's degree in from USC's Marshall School of Business The Marshall School of Business (also known as USC Marshall School of Business) is the business school at the University of Southern California. It is the largest of USC's 17 professional schools. The current Dean is James G. Ellis.  and her M.B.A. in finance from UCLA's Anderson School of Management Anderson School of Management may refer to:
  • UCLA Anderson School of Management, University of California, Los Angeles (named after John Edward Anderson)
  • Anderson School of Management (University of New Mexico) (named after Robert O. Anderson)
  • A.
.

After graduating, her first job was with investment management and research firm Sanford Bernstein. The job helped prepare Shakkottai for her next post, as a vice president of Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
. She spent two years with the bank and learned the various aspects of investment caretaking and preservation of wealth from the banking side.

"I wanted to advise my clients in a more specialized setting," she said. "At Neuberger Berman, I can focus on individualized in·di·vid·u·al·ize  
tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es
1. To give individuality to.

2. To consider or treat individually; particularize.

3.
 service. We're a firm with a specialization in money management, but being a Lehman Brothers company, we have all the advantages of a global investment bank."

In her new position, Shakkottai has set three goals for herself: advising younger executives in their entrepreneurial endeavors; letting her clients know how their wealth is working for them; and giving no-holds-barred advice to her female clients.

"Women are starting businesses twice as often as men," she said. "And at least 75 percent of all women will be solely responsible for their finances and purchases at some point in their adult lives. To ignore the importance of this segment of the population is a huge mistake. Women are eager to work with an advisor who will tell them what they need to hear, not what they want to hear, and who will come up with creative financial solutions."

Shakkottai lives in Santa Monica and enjoys tennis, yoga, and snowboarding.
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Featured Newsmaker
Author:Takahashi, Jade
Publication:Los Angeles Business Journal
Geographic Code:1USA
Date:Aug 28, 2006
Words:344
Previous Article:The Los Angeles Convention and Visitors Bureau.(Maria Elena Durazo and Michael Miner elected to board)(Brief article)
Next Article:Jeffer Mangels Butler & Marmaro LLP.(Law)
Topics:



Related Articles
The struggle to be strong: True stories by teens about overcoming tough times. (Book Reviews).
A leader's guide to the struggle to be strong: How to foster resilience in teens. (Book Reviews).
New resilience VPN/firewall APP delivers great performance.(Resilience DX4000 bundled with Check Point Software Technologies' VPN-1/FireWall-1 Next...
Motivation and academic resilience: developing a model for student enhancement.
Defining resilience. (Preview).(Editorial)
Resilience and coping: implications for gifted children and youth at risk.
Motivating boys and motivating girls: does teacher gender really make a difference?

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles