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Bailard CEO Sonya Mughal shares what’s kept her there for 30 years
“There’s no role or career that a woman cannot thrive in,” said Sonya Mughal, CEO of Bailard. “What people do need to understand is that you can thrive only in the correct environment.”
Bailard Awarded Best Places to Work in Money Management
SAN FRANCISCO – December 9, 2024 – Bailard, an independent asset and wealth management firm based in the San Francisco Bay Area, has been named one of the 2024 Best Places to Work in Money Management by Pensions & Investments. The firm is honored to be ranked fifth in its category (companies with 50-99 employees). This marks the seventh consecutive year that Pensions & Investments has recognized Bailard.
Presented by Pensions & Investments—the global news source for money management and institutional investing—the 13th annual survey celebrates employers who build and sustain exceptional workplace cultures in the money management industry.
Bailard’s culture, rooted in its core values of accountability, compassion, courage, excellence, fairness, and independence, shapes both meaningful client relationships and an environment where employees thrive.
“Earning this recognition again highlights the culture we’ve built together at Bailard. It’s an environment shaped by our core values and energized by the dedication of our team. Together, we remain focused on serving our clients and making a positive impact,” remarked Sonya Mughal, CFA, Bailard’s Chief Executive Officer.
Julie Tatge, Pensions & Investments Editor-in-Chief, commended the winners, “As their employees attest, the companies named to this year’s Best Places to Work list demonstrate a commitment to building and maintaining a strong workplace culture. In doing so, they’re helping their employees, clients, and their businesses succeed.’’
Pensions & Investments partnered with Workforce Research Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. The first phase evaluated workplace policies, practices, philosophy, systems, and demographics, representing 20% of the total evaluation. The second phase measured the employee experience through a survey, contributing 80% of the total score. Combined scores determined the final rankings.
Discover the full list of winners and explore profiles of the top firms across size categories at http://www.pionline.com/BPTW2024.
About Bailard, Inc.
Founded in 1969, Bailard is an independent, values-driven wealth and asset management firm serving individuals, families, and institutions alike. Bailard has built a long‐term asset management track record across domestic and international equities, fixed income, and private real estate, as well as robust, in-house sustainable, responsible and impact investing expertise. Through it all, Bailard works with clients to align their financial goals with their values. Based in the San Francisco Bay Area, with over $6.4 billion in assets under management as of 9/30/2024, Bailard is a majority employee-owned, woman-led firm, Certified B Corporation™, and UN Principles of Responsible Investing signatory.
About Pensions & Investments’ Best Places to Work in Money Management
Pensions & Investments, owned by Crain Communications Inc., is the 50-year-old global news source for money management and institutional investing. P&I released the 2024 ranking in December 2024. Participating firms must have at least 20 U.S.-based employees, $100 million of discretionary institutional assets under management or advisement, and a minimum of one year in business. This award does not evaluate the quality of services provided to clients and is not indicative of Bailard’s future performance. There was no cost for Bailard to enter. In 2024, 113 firms were ranked, with 27 managers recognized in Bailard’s category of 50 to 99 employees. For 2023, 2022, 2021, 2020, 2019, and 2018, there were 123, 100, 76, 94, 76, and 69 firms ranked, respectively.
Bailard Named One of the Top Workplaces in the SF Bay Area
Values-Driven Firm Honored with Multiple Awards During Summer 2024
FOSTER CITY – September 4, 2024 – Bailard, Inc., an independent wealth and asset management firm, is proud to announce its recognition as one of the Bay Area’s 2024 Top Workplaces by the San Francisco Chronicle. The firm was ranked second in its category (for companies with 35-149 employees).
This widely-regarded list is based entirely on employee feedback gathered through a confidential, third-party survey conducted by Energage LLC, a leader in employee engagement technology. The survey uniquely assessed key aspects of the employee experience, including respect, support, grow opportunities, and empowerment.
Bailard’s CEO, Sonya Mughal, CFA, was also honored with the Leadership Award for the company’s category, a testament to her values-driven approach to leading the firm.
“I’m incredibly proud that Bailard has been recognized as a Top Workplace and humbled to receive a leadership award,” said Sonya Mughal, CEO of Bailard. “The trust and mutual respect we’ve cultivated at Bailard are among our greatest strengths. Leading a team that not only strives for excellence but leads with compassion in all that they do is deeply rewarding. Together, we will continue to build on our strong foundation, always with an eye toward upholding our values, supporting one another, and delivering for our clients.”
This latest recognition adds to a series of awards Bailard has received over the summer, underscoring the firm’s achievements in workplace culture and community engagement, as well as wealth and asset management. Recent accolades include:
- San Francisco Business Times’ 2024 Top Bay Area Corporate Philanthropists: Bailard was recognized as one of the Bay Area’s most generous corporate citizens for a fourth consecutive year;
- AdvisorHub’s 2024 Advisors to Watch: Bailard Wealth Management President, Mike Faust, CFA, ranked #6 out of 200 RIAs to Watch for his leadership, professionalism, and ability to scale the wealth management team without compromising service; and
- Worth Top RIAs 2024: Bailard was named to the Leading Advisor program, following a rigorous selection process designed to highlight top registered investment advisors.
These awards reflect Bailard’s long-standing commitment to success, driven by its six core values of accountability, compassion, courage, excellence, fairness, and independence.
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About Bailard, Inc.
Founded in 1969, Bailard is an independent, value-driven wealth and asset management firm serving individuals, families, and institutions alike. Bailard has built a long‐term asset management track record across domestic and international equities, fixed income, and private real estate, as well as robust, in-house sustainable, responsible and impact investing expertise. Through it all, Bailard works with clients to align their financial goals with their values. Based in the San Francisco Bay Area with over $6 billion in assets under management as of 6/30/2024, Bailard is a majority employee-owned and women-led firm, Certified B Corporation™, and a Principles of Responsible Investing signatory.
Past performance is no indication of future results. All investments have the risk of loss. These awards and recognitions do not evaluate the quality of services provided to clients and are not indicative of Bailard’s future performance. There were no fees to enter. Please see important award disclosures for each award, as well as the linked text for additional important information regarding award eligibility and methodologies. The 2024 Top Workplaces is an annual award from the San Francisco Chronicle, released in August 2024, where Bailard ranked #2 out of 105 participants in the small company category (35-149 employees). The Top 100 Bay Area Corporate Philanthropists is an annual award, given by the San Francisco Business Times in July 2024, July 2023, July 2022, and July 2021. AdvisorHub’s RIAs to Watch was given in July 2024. Advisors are ranked on the scope and growth of the practice, as well as professionalism, which includes regulatory record, community service, and team diversity. The Worth Top RIA Firms 2024 was released in May 2024, using a rigorous selection process, including AUM of over $500 million, predominance of high-net-worth clients, and unbiased advice independent from broker-dealers.
Bailard Recognized as a Top Corporate Philanthropist
Bailard today announced its ranking among the San Francisco Business Times’ annual top 100 Bay Area Corporate Philanthropists list, for the fourth year in a row. This year, Bailard earned 71st place, climbing eight spots from its position last year and once again joining esteemed Bay Area companies such as Google, Salesforce, and the San Francisco 49ers.
The Corporate Philanthropy Awards celebrate the Bay Area’s most generous corporate citizens, recognizing companies that give their time, talent, and resources to their communities. The annual list ranks the 100 top corporate philanthropists based on local cash giving and includes for-profit companies and nonprofit healthcare organizations that support Bay Area-based charitable organizations in the counties of San Francisco, San Mateo, Alameda, Contra Costa, Marin, Napa, Santa Clara, Solano, and Sonoma. This year’s honorees were recognized at the Corporate Philanthropy Summit on July 25.
“Philanthropy has been integral to Bailard’s identity since its founding,” said Bailard’s Chief Executive Officer, Sonya Mughal. “Recognition as a top Bay Area philanthropist for the fourth consecutive year highlights the team’s commitment to our core values—accountability, courage, excellence, fairness, independence, and most of all, compassion. I am incredibly proud of our team’s dedication to making a meaningful impact in our community and improving the lives of those around us.”
The recognition highlights the efforts of both Bailard, Inc. and the Bailard Foundation. Earlier this month, Bailard proudly announced its Bailard Foundation reached $1 million in grants and donations distributed in its first five years. As of June 30, 2024, the Bailard Foundation has distributed $1,008,037 since its inception in June 2019, with over 90% directly benefitting the local Bay Area community.
The Bailard Foundation focuses on three core areas: affordable housing, homelessness & poverty, and financial literacy. In addition to aiding non-profit organizations selected by the Bailard Foundation Board, the Foundation also offers an employee matching program for charitable endeavors about which Bailard’s employees are passionate. To learn more about the Bailard Foundation, please visit our website here. Dive deeper into Bailard’s dedication to impact here.
On the Foundation board of directors are friends of Bailard—including chairperson Terri Bailard, widow of firm co-founder Tom Bailard—and current employees.
About Bailard, Inc.
Founded in 1969, Bailard is an independent, values-driven wealth and asset management firm serving individuals, families, and institutions alike. Bailard has built a long‐term asset management track record across domestic and international equities, fixed income, and private real estate, as well as robust, in-house sustainable impact investing expertise. Through it all, Bailard works with clients to align their financial goals with their values. Based in the San Francisco Bay Area with $6 billion in assets under management as of June 30, 2024, Bailard is a majority employee-owned and women-led firm, Certified B Corporation™, and a Principles of Responsible Investing signatory.
About the SFBT Top Corporate Philanthropists
For 24 years, the San Francisco Business Times has published the Corporate Philanthropists List. The list features 100 top corporate philanthropists in the Bay Area ranked by local cash giving. It includes for-profit companies and nonprofit health care organizations that made contributions to Bay Area-based charitable organizations in the following counties: San Francisco, San Mateo, Alameda, Contra Costa, Marin, Napa, Santa Clara, Solano, and Sonoma. The Corporate Philanthropy Awards program was founded in partnership with Northern California Grantmakers. A portion of the proceeds goes to NCG to fund the Corporate Philanthropy Institute, with the mission to educate more companies about effective giving and best philanthropy practices. The aim is to honor those who give the most and in doing so to help raise the bar and inspire more giving. This achievement does not evaluate the quality of services provided to clients and is not indicative of Bailard’s future performance. The San Francisco Business Times Top 100 Bay Area Corporate Philanthropists is an annual award, given to Bailard by the San Francisco Business Times in July 2024, July 2023, July 2022, and July 2021. Each year, 100 firms appeared in the San Francisco Business Times list. Bailard ranked #71 in 2024, #79 in 2023; #82 in 2022; and #89 in 2021. There was no fee to enter. Bailard, Inc. received this award; almost all donations from Bailard are given through the Bailard Foundation, except for 4% in 2023; 2% in 2022; and 4% in 2021.
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