What RIAs Can Learn From Legendary Football Coach Nick Saban

June 20, 2024

Bob McCann, Co-Chairman of NewEdge Capital Group and veteran financial services leader, shares his experience on the crucial role of culture in his recent article published by Barron’s. Drawing from decades of leadership in the financial services industry, including heading up two of the sector’s largest firms, Mr. McCann emphasizes how a strong culture drives success and the risks of losing it.

To illustrate his point, Mr. McCann uses the example of recently retired college football coach Nick Saban. While Saban’s record is impressive, McCann makes the point that his true legacy is perhaps the culture of excellence he built at the University of Alabama. This parallel offers valuable insights for RIAs on joining an organization with a thriving organizational culture.

Across NewEdge Capital Group, we believe culture has been the foundation of our success at NewEdge Wealth and NewEdge Advisors. Mr. McCann’s article demonstrates how principles from Saban’s approach can be applied in the financial services sector, offering RIAs practical lessons on building and maintaining a strong culture.

For a deeper dive into Mr. McCann’s thoughts on the power of culture and what RIAs can learn from Nick Saban’s example, check out his insightful article in Barron’s.