At least seven firms with mutual fund or ETF businesses are among the best employers in financial services and insurance in the U.S., according to the folks at a business magazine and workplace culture specialist.

Kevin Thomas Jestice Nationwide Head of the Investment Management Group

The teams at Great Place to Work and Fortune recently unveiled the 2023 Fortune Best Workplaces in Financial Services and Insurance list, which includes one sub-list for large employers and one sub-list for small and medium employers. The Great Place to Work team has been gathering the data for 30 years, and this year's lists are based on more than 191,000 confidential responses from employees of Great Place to Work-certified companies. (Certification involves conducting an employee experience survey and filling out a company culture and workforce questionnaire.)

In the mutual fund business, companies on the 2023 large financial services and insurance companies list include: Nationwide at rank 5 (up from 6 last year), Baird at 6 (up from 8), Edward Jones (home of Bridge Builder Funds) at 16 (down from 11), Voya at 37 (up from 48), Allianz Life Insurance Company of North America at 40 (down from 17), and Morningstar at 45. And Mirae's Global X holds rank 35 on the small and medium financial services and insurance companies list.

(Nationwide, Baird, and Edward Jones all landed on a similar, broader Great Place to Work/Fortune any industry list released back in April.)

According to the Great Place to Work team, companies on the list "create great work experiences not just for full-time managers, but also for their part-time employees on the front lines, for those who've just joined and those who've spent their whole career there, for every race and ethnicity, gender, neurotype, or other demographic in the organization — they look at it all."

This year's list also includes several firms in the 401(k) recordkeeping business. Our sister publication 401kWire has more details. 

Edited by: Neil Anderson, Managing Editor


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