Dana Investment Advisors CEO Mark Mirsberger is thrilled to announce that his firm has once again been named the Best Workplace in Money Management by Financial Planning, marking the second consecutive year of this prestigious recognition. However, Mirsberger believes that the true measure of success lies in the remarkable employee loyalty and satisfaction at Dana Investment Advisors.
With a turnover rate of zero for the past year, aside from retirements, Mirsberger is proud of the positive feedback he receives from employees who have previously worked elsewhere. Many have expressed that the work environment at Dana Investment Advisors is truly exceptional and unique.
Employee loyalty is just one of the factors that have contributed to Dana Investment Advisors’ top ranking. Through a collaborative effort with Best Companies Group, money managers across the country were surveyed to assess various aspects of their workplace, including leadership qualities, benefits, and overall employee experience. Based on this comprehensive evaluation, Dana Investment Advisors secured the top spot once again.
Paying health premiums and sharing profits
Known for its generous benefits, Dana Investment Advisors covers all health insurance premiums for its employees and operates a profit-sharing system that allocates 15% of the firm’s profits back to the employees, within IRS guidelines. This commitment to employee well-being has resulted in a financially stable workforce, with even administrative staff accumulating substantial 401(k) balances over the years.
Hard work, with a touch of play
While Dana Investment Advisors expects dedication and hard work from its employees, there is also a strong culture of support and understanding. Team members are willing to step in and assist each other during challenging times, whether it involves personal struggles or family responsibilities. The firm’s office is equipped with recreational amenities like virtual golf and massage chairs to help employees unwind and recharge.
A family culture: Origins of Dana Investment Advisors
The foundation of Dana Investment Advisors’ success can be traced back to its founder, Mike Dana, who established the firm in 1980 in Elm Grove, Wisconsin. Originally focusing on managing portfolios for local businesses, the firm has expanded its services to include corporations, endowments, and foundations. Under Mirsberger’s leadership, Dana Investment Advisors now manages a range of funds and boasts nearly $5.8 billion in client assets.
Mirsberger emphasizes the importance of teamwork and instilling a sense of unity among employees. He values individuals with a competitive spirit and a background in sports, as they understand the principles of hard work, dedication, and collaboration. By fostering a supportive and inclusive environment, Dana Investment Advisors continues to thrive as a top workplace in the money management industry.
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