Work Ethic

Today, we go in-depth with Yie-Hsin Hung, President and CEO of State Street Investment Management, one of the world’s largest asset managers.In this episode you’ll learn:How Yie-Hsin built a strong non-linear career by making thoughtful pivots toward opportunity and skill-buildingHow she’s navigating rapidly evolving markets, AI, and shifting investor expectationsWhy great leadership today requires adaptability, continuous learning, and the confidence to evolveTimestamps:00:00 - Introduction01:24 - Yie-Hsin’s Background: Growing Up in Pittsburgh, Dance, and Engineering03:15 - How Yie-Hsin Uses an Engineering Mindset to Solve Complex Problems04:37 - How She Pivoted Into Asset Management From Engineering07:37 - How Mentors Can Make a Real Impact10:05 - Why Building Culture Has Become a Big Focus and How It Impacts Hiring14:08 - The Initiatives at State Street that Yie-Hsin is Prioritizing Right Now, Amid Rapid Technological Change24:20 - How the Next Generation is Changing Investing (U.S. and Global)27:12 - How Raising an Autistic Child Influenced the Way that Yie-Hsin Views the World28:45 - Work Ethic Rapid Fire Questions—Just a heads up: this podcast is for information purposes only. Read more about Work Ethic and subscribe to our newsletter http://ethic.com/workConnect with Ethic on LinkedIn (https://www.linkedin.com/company/ethic)Find out more about Yie-Hsin and State Street Investment Management (https://www.statestreet.com/us/en/about/our-people/leadership/yie-hsin-hung)Connect with Yie-Hsin on LinkedIn (https://www.linkedin.com/in/yiehsinhung/)

Doug Scott is the co-founder and CEO of Ethic and the host of Work Ethic. In this special bonus episode, Doug trades places to answer the same rapid-fire questions he asks every guest.Timestamps:00:00 - Introduction01:04 - What Does Work Ethic Mean to You?02:52 - What Do People Get Wrong About Work Ethic?03:50 - What Advice Do You Have for Aspiring Leaders in Wealth Management? —Just a heads up: this podcast is for information purposes only. Read more about Work Ethic and subscribe to our newsletter http://ethic.com/workConnect with Ethic on LinkedIn (https://www.linkedin.com/company/ethic)Connect with Doug on LinkedIn (https://www.linkedin.com/in/dwascott/)

Today, we're going in depth with Greg Brown, the Co-CEO of Caprock, an independent multi-family office serving ultra–high-net-worth families. Before leading Caprock, he built a career as an entrepreneur and investor — experience that now shapes his approach.In this episode you’ll learn:How Greg and his team built Caprock from the ground up, bootstrapping without outside capital and taking seven years to reach their first $1BHow the lessons he previously learned from tech entrepreneurship helped him think about serving ultra–high-net-worth familiesHow a CEO thinks about recruiting, techstacks, A.I., and the dealing with pace of changeTimestamps: 00:00 - Introduction01:14 - Fun special skills and playing in a cover band03:13 - Greg’s early days as a tech entrepreneur—the lessons he learned and how being “unhirable” led to entrepreneurship05:10 - Moving into the wealth space and starting Caprock08:02 - The early years of Caprock—bootstrapping to the first $1B16:05 - What Greg looks for when recruiting talent19:04 - Leadership philosophies and why there are nights he does dishes at his own firm20:53 - Changes and innovations in the wealth space that Greg is paying attention to28:45 - Work Ethic Rapid Fire Questions—Just a heads up: this podcast is for information purposes only. Read more about Work Ethic and subscribe to our newsletter http://ethic.com/workConnect with Ethic on LinkedIn (https://www.linkedin.com/company/ethic)Find out more about Greg and Caprock (https://caprock.com/about/our-team/gregory-brown/)Connect with Greg on LinkedIn (https://www.linkedin.com/in/gregorybrown/)

Today we're going in depth with Jonathan Foster. Jon is the president and CEO of Angeles Wealth Management. He's had a long career in wealth and an interesting family legacy, and as a result, has great stories to tell.In this episode you’ll learn:The importance of avoiding shortcuts and when to say no to your bossHow Jon thinks about recruiting talent and betting on peopleThe key lessons he took from a long career in wealth and applied when starting his own firmTimestamps: 00:00 - Introduction01:16 - How playing squash led to Jon’s first job04:40 - What he tells kids who are sent to talk with him about a career on Wall Street 05:53 - Why it’s important to avoid shortcuts and when to say no to your boss08:00 - Leaving Wall Street and starting his first advisory business + the one rule he knew he needed to follow10:15 - What Jon thinks about when recruiting and accumulating talent15:17 - Key lessons learned through his journey from starting his first business to Angeles Wealth today26:17 - Why Jon thinks betting on people is important28:19 - How his own family legacy impacts Jon’s view of the world, and how he applies that to clients28:45 - Work Ethic Rapid Fire Questions—Just a heads up: this podcast is for information purposes only. Read more about Work Ethic and subscribe to our newsletter http://ethic.com/workConnect with Ethic on LinkedIn (https://www.linkedin.com/company/ethic)Find out more about Jon and Angeles Wealth (https://www.angelesinvestments.com/our-team-private-wealth/jonathan-r-fosterConnect with Jon on LinkedIn (https://www.linkedin.com/in/jonathanrfoster)

Today, we're going in depth with Kelly Coffey, the co-founder and executive chairman of Verita Strategic Wealth Partners. Kelly has spent the past three decades leading at the highest levels of finance, including CEO of City National Bank and CEO of J.P Morgan's U.S. Private Bank.In this episode you’ll learn:How Kelly expanded the legacy of City National Bank as a trusted partner to the entertainment, sports, and creative industriesWhat she looks for when she’s hiring new talentHow Kelly thinks about legacy, A.I, and technology when building a new firm from scratchTimestamps: 00:00 - Introduction01:28 - Fun special skills, including one that Kelly and Doug share04:33 - Kelly’s journey into wealth management, from studying international affairs to doing M&A in Latin America06:46 - Working for J.P. Morgan – from being only one of two women in Argentina to running J.P Morgan's U.S. Private Bank13:14 - Becoming the CEO of City National Bank and strategies around serving the entertainment world16:25 - Launching Verita Strategic Wealth Partners and how to think about legacy from the beginning19:00 - How she thinks about hiring, culture, and leadership23:02 - Considering A.I. and technology when building a new firm from scratch28:10 - Work Ethic Rapid Fire Questions—Just a heads up: this podcast is for information purposes only. Read more about Work Ethic and subscribe to our newsletter http://ethic.com/workConnect with Ethic on LinkedIn (https://www.linkedin.com/company/ethic)Find out more about Kelly and Verita (https://www.veritawealth.com/#kelly)Connect with Kelly on LinkedIn (https://www.linkedin.com/in/kelly-coffey/)

Today, we're going in depth with Adam Katz, partner and head of the founder and entrepreneur group at Corient. Adam has more than 25 years of experience in ultra-high-net-worth wealth management, and working with founders and entrepreneurs.In this episode you’ll learn:How Adam’s journey as a founder and entrepreneur informs his work with other founders todayThe mindset shifts that can determine founder successWhat arm wrestling and wealth management have in commonTimestamps: 00:00 - Introduction01:18 - How the special skills section of Adam’s resume, including competitive arm wrestling, became an interview tool03:40 - Adam’s journey into wealth management, getting his first job at Merrill Lynch09:12 - How Adam defines critical thinking13:04 - How frustration led Adam to “jump off the ladder,” become an advisor, and then start his own company22:23 - How Adam’s experience starting a company helps him work with founders24:09 - How to have a winning founder psychology: Adam’s concept of lily pads and having a long-term mindset28:46 - AI and wealth-tech innovations31:53 - Work Ethic Rapid Fire Questions—Just a heads up: this podcast is for information purposes only. Read more about Work Ethic and subscribe to our newsletter https://ethic.com/workConnect with Ethic on LinkedIn (https://www.linkedin.com/company/ethic)Find out more about Adam and Corient (https://corient.com/us/en/who-we-serve/entrepreneurs-and-founders)Connect with Adam on LinkedIn (https://www.linkedin.com/in/adam-katz-721b639/)

Welcome to Work Ethic, a new interview series that features candid, in-depth conversations with leaders shaping the future of wealth. Guests share not only the strategies behind their success — from scaling billion-dollar startups to future-proofing century-old firms — but also the personal stories, leadership lessons, and pivotal decisions that defined their journeys.In just under a decade, the industry has doubled in size to be worth more than $145 Trillion, all while a Great Wealth Transfer looms and new technology promises to disrupt the traditional landscape. Even established leaders have been forced to pivot and evolve, and for the first time, they’re publicly sharing those strategies.Join host and Ethic CEO and Co-founder Doug Scott for an inside look at what it truly takes to build and lead in today’s wealth management industry.New episodes every Thursday. Subscribe to make sure you never miss an episode. Just a heads up: this podcast is for information purposes only. Read more about Work Ethic and subscribe to our newsletter https://www.ethic.com/work