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Insider selected 25 young professionals 35 and under for its rising stars of Wall Street list. We asked 2022's rising stars of Wall Street about the books they most recently picked up and the podcasts they turn to regularly. Their selections range from books on building "your second brain" to fantasy football strategy shows. Below is the full selection of 15 books and 8 podcasts, that show how they spend a little bit of their free time and what they took away from them. Browse the shelves and Spotify playlists of Wall Street's up-and-comers.

☆ A view from Greenwich: Big investors from Bridgewater, Apollo, and Ares are preparing for when, not if, a recession hits
▼ + stars: | 2022-10-13 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

At the Greenwich Economic Forum on Tuesday, big investors said they expected a downturn. Many big investors anticipate a lighter recession than in the past as the Fed hikes interest rates. And while it's held in the hedge fund capital of the world, private credit dominated discussions. Some investors, like Lawrence Golub, chief executive of $55 billion credit asset manager Golub Capital, expect a period of low growth but no severe recession. It's going to be one where there's some economic growth in various parts of high-end consumer, or other areas," he said.

☆ Ray Dalio on stepping away from Bridgewater: 'I love the investment game, so I'll keep playing it'
▼ + stars: | 2022-10-11 | by ( Rebecca Ungarino | Alyson Velati | ) www.businessinsider.com time to read: +4 min

Ray Dalio, founder of Bridgewater Associates, said he's not ready to stop investing just yet. "I love the investment game, so I'll keep playing it. Dalio said in a tweet last week that he would give up control of the $150 billion hedge fund. Bridgewater's investment strategy is being led by the co-chief investment officers Greg Jensen and Bob Prince. Murray claimed that Bridgewater withheld up to $100 million in deferred compensation after she told regulators about the gender-discrimination dispute.

☆ Meet the brightest investors and dealmakers under 35 from firms like Blackstone and Bridgewater navigating today's choppy markets.
▼ + stars: | 2022-09-29 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +5 min

After months of interviews and countless rounds of fact checking, meet 25 best-in-class investors, traders, and dealmakers under the age of 35, from firms like JPMorgan, BlackRock, and Apollo, among others. Here is the latest crop of rising stars — Wall Streeters under the age of 35 who are pushing their teams to the top. The end result celebrates people from all walks of life who are infusing new ideas at the biggest firms. He works across the firm's funds TPG Capital and TPG Growth, and also covers TPG's impact-oriented initiative called The Rise Fund. HBCUvc's operating chief reviews hundreds of applications for the program that offers paid internships at VC firms.

☆ The rising stars of Wall Street: Meet 25 outstanding young investors, traders, and dealmakers at firms like Blackstone, JPMorgan, and Bridgewater
▼ + stars: | 2022-09-28 | by ( Alex Morrell | Alyson Velati | Asia Martin | ) www.businessinsider.com time to read: +2 min

Akash Pradhan, 33, TPGTPGWhen Akash Pradhan needs to clear his head, the 6'1" principal at TPG heads to the basketball court. The San Francisco Warriors fan's love of sports led him to his first job with The Raine Group. As an analyst at Raine, the company exposed Pradhan to M&A advisory and private-equity investing. Over the past five years, Pradhan has been involved in or helped lead deals that total roughly $3 billion in invested capital. "I'm proud to have changed people's thought processes and perspectives on a particular industry we ended up investing in."

☆ AllianceBernstein's CEO leans into private assets and ETFs as active managers face the worst market in decades
▼ + stars: | 2022-09-27 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

AB CEO Seth Bernstein spoke with Insider recently about the active asset manager's plans. Portfolio managers of active ETFs are actively overseeing a basket of securities, while typical passive ETFs track indices. Branded black water bottles promoting the new products read: "AB ETFs. Its first two ETFs are fixed income products — the AB Ultra Short Income ETF and the AB Tax-Aware Short Duration Municipal ETF. "We will continue to diversify the platform into private alts," Bernstein said during the Morgan Stanley conference in June.

☆ Staffers say Goldman Sachs CEO David Solomon has asked them to help with his DJ account
▼ + stars: | 2022-09-22 | by ( Lisa Ryan | ) www.businessinsider.com time to read: +4 min

David Solomon is working hard to build up David Solomon. On a Friday in late July, the Goldman Sachs CEO boarded the company's Gulfstream G650 for Chicago. And that's the latest in a string of actions showing the intertwining interests of David Solomon the CEO and chairman and the interests of Goldman Sachs itself, my colleague Dakin Campbell reports. Staffers say they've been asked to help with his DJ account and they've noted a new emphasis on sports endorsements. Millennium Management tapped Goldman Sachs alum Olga Naumovich to build out its Miami tech hub.

☆ BlackRock bought a money manager to expand in private credit. Insiders say the deal has now led to an exodus of frustrated employees.
▼ + stars: | 2022-09-21 | by ( Danielle Walker | Rebecca Ungarino | ) www.businessinsider.com time to read: +12 min

After BlackRock acquired private credit firm Tennenbaum Capital Partners, more than a dozen employees left the small investment team. Former BlackRock employees say underwhelming pay and unfulfilled promises that the team could raise its own special situations fund led to widespread frustration and departures. The departures come as BlackRock aims to compete more aggressively in private credit, a key part of its high-priority alternatives push. Still, in recent years management has made it clear that its private investment capabilities need to be an important engine of growth. "It's not to say that the private credit market is easy to manage talent.

☆ How BlackRock is angling to get it on the boom in renewable natural gas, a controversial energy source
▼ + stars: | 2022-08-25 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +6 min

BlackRock's acquisition of Vanguard Renewables underscores the rise of renewable natural gas. It is also where the world's largest asset manager went and found its latest target: An eight-year-old energy company with 160 employees called Vanguard Renewables. Last month BlackRock said one of its funds would acquire Vanguard (no relation to its asset management rival), which produces what the industry calls renewable natural gas, or biomethane. "The gas industry has done a great job in branding both natural gas and renewable natural gas. RNG projects capture methane, which has a far greater global warming potential than carbon dioxide, and turn that into a renewable energy.

☆ JPMorgan is stepping up marketing for its wealth business and hired Robinhood's former head of content for a new role
▼ + stars: | 2021-07-06 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +4 min

Read previewJPMorgan is ramping up its marketing efforts with a hire from Robinhood in its quest to attract more investing clients. AdvertisementMoss, who will be based in New York, was previously head of content for Robinhood. While he was with Robinhood, Moss oversaw content for its products, customer experiences, social media, marketing, and educational materials, a JPMorgan spokesperson said. The largest US bank's US wealth business, run by chief executive and former chief marketing officer Kristin Lemkau, has some 4,000 financial advisors and $580 billion of assets under supervision. Prior to leaving the startup brokerage last month, Moss led content strategy for Marcus, Goldman Sachs's digital banking arm, the memo said.

Persons: —, David Moss, Jennifer Zuccarelli, Moss, Robinhood, Kristin Lemkau, Marcus, Goldman Organizations: Service, Business, JPMorgan Wealth Management, JPMorgan, SEC, Wall Locations: Robinhood, New York

☆ Inside BlackRock's powerful consulting arm that's made the most influential money manager an advisor to world powers
▼ + stars: | 2021-06-07 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +21 min

One of the reporters noted that Powell's public calendar showed calls with Larry Fink, BlackRock's chief executive, in March, April, and May. The exchange was hardly the first time no-bid contracts between the Fed and BlackRock's Financial Markets Advisory unit raised questions. Still, former employees told Insider that FMA has served as a clear source of public-facing clout for BlackRock. "The FMA clients have extended their advisory relationships to be multiyear." A little over a year ago, FMA pulled employees out of BlackRock's office there, three former employees said.

☆ Fidelity Is Rolling Out Four New Bond Model Portfolios
▼ + stars: | 2020-01-15 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +7 min

Investment management giant Fidelity is adding more fixed-income model portfolios to its menu of products available to financial advisors. While Fidelity doesn't charge advisory fees for the model portfolios, it charges investment management fees for the underlying funds. AdvertisementInvestment-management giant Fidelity is adding more fixed-income model portfolios to its menu of products available to financial advisors. Fidelity's model portfolios are available on so-called turnkey platforms for advisers, including its own offering. AdvertisementA growing marketFidelity already offers bond model portfolios to the advisers it serves through its institutional asset management business.

Persons: iShares, —, Larry Fink, Fink, Charles Schwab, Schwab, TD, Brian Snyder That's, Scott Smith, Smith, BlackRock's Fink, Russell Investments, Michelle Seitz, Russell, Seitz, — Bradley Saacks Organizations: Fidelity, BlackRock, Service, Fidelity Investments, REUTERS, Cerulli Associates, Business, Bank of America, Natixis, JPMorgan, Merrill Lynch Wealth Management Locations: Broadridge, Boston , Massachusetts

☆ The new head of Wells Fargo's massive wealth arm explains why human financial advisors should embrace roboadvisers, not fear them
▼ + stars: | 2019-12-20 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +7 min

In his first interview as president and head of Wells Fargo Advisors, Jim Hays shared with Business Insider his view on the wealth management industry's future. He joined the unit's parent firm Wells Fargo in 2005, and was previously head of its Private Wealth Financial Advisors group. Wells Fargo Advisors has 13,723 financial advisors that oversaw some $1.6 trillion in retail clients' assets as of September 30. That being said, the predominance of technology and its impact on the financial advice industry can't be understated. Additionally, through Wells Fargo Advisors' Intuitive Investor, we've found users actually prefer a hybrid model: pairing powerful portfolios with advice from financial advisors.

Persons: Jim Hays, Hays, —, Wells, Charles Schwab, Wells Fargo, we've Organizations: Wells Fargo Advisors, Business, Wealth Financial, Wells, Advisors, Analysts Locations: Wells Fargo

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