Many companies have arrived at a simple conclusion: the best investment they can make is in their human capital. But to make the most of that investment – and attract and retain the best people – organizations need to use their benefits as a tool to address shifting workforce dynamics, including an aging talent pool whose intellectual capital and experience is an important engine for success. Employees, be they Generation Yers or Baby Boomers, who feel like their employer is investing in their long-term financial wellness will, in turn, invest more in the success of the company.
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Andrew M. Sieg
managing director, Head of Global Wealth & Retirement Solutions
Bank of America Merrill Lynch
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Andy Sieg is Head of Global Wealth & Retirement Solutions (GWRS) for Bank of America Merrill Lynch. GWRS provides a comprehensive set of investment products and services, as well as retirement solutions, to the company’s clients and financial advisors globally.
Andy first joined Merrill Lynch in 1992 as an analyst in the Global Wealth Management business, later serving in senior strategy and field leadership roles during the next 13 years. Before rejoining the company in 2009, Andy led the Emerging Affluent Client Segment within Citigroup Global Wealth Management from 2005 to 2009.
Prior to his career at Merrill Lynch, Andy served in The White House as an aide to the assistant to the President for Economic and Domestic Policy. Andy earned a Bachelor of Science in Economics from Penn State University. He also holds a Master in Public Policy (MPP) degree from the Harvard Kennedy School (HKS) and serves as a member of the HKS Dean’s Council.
Andy serves on the boards of ReadWorks.org, a non-profit dedicated to ensuring students in our nation’s neediest public schools have literacy skills to compete and succeed in life, and The Peter Westbrook Foundation, which helps inner-city children develop life skills through the sport of fencing, academic support and mentoring. Andy also represents Bank of America Merrill Lynch on the board of the Global Coalition on Aging, an organization of industry leaders committed to advocating for aging populations and to reshaping how society prepares for this profound demographic shift.