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Partner, Director, Strategic Relationship Group |
R. Mark Pennington, Partner and Director of the Strategic Relationship Group, is responsible for managing the business relationships with and strategy efforts relating to Lord Abbett's distribution partners, including wirehouses, global banks, independents/RIAs, and regional banks and brokers.
Mr. Pennington, who has more than 25 years of experience in the financial services industry, joined Lord Abbett in 1989 as a Regional Manager in Atlanta. From 1990–99, he was a Regional Manager in New York. He was made Northeast Divisional Manager in 1996, and became a Partner in 1998. He was appointed Director of Separately Managed Accounts in 1999 and Director of the Strategic Relationship Group in 2005.
Before joining Lord Abbett, Mr. Pennington worked in corporate finance and institutional equity research sales at Morgan Stanley Dean Witter.
Mr. Pennington is an active member of the Investment Management Consultants Association and former chairman of its regional education conferences. He is a board member and a former chairman of the Money Management Institute, the trade association for advisory-based businesses. He has been quoted on numerous occasions in The Wall Street Journal, Barron's, and The New York Times as an industry spokesman for the wealth management industry.
Mr. Pennington earned a BA from the University of Texas and was named a Certified Investment Management Analyst (CIMA) in August 2001.
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In 80 years of operation, Lord Abbett has grown under the leadership of only nine managing partners. Our heritage of independence has allowed us to build a culture that fosters thoughtfulness, clear judgment, and objective insight—offering distinct advantages to the clients who work with us.
Click here to view our leadership team.
Leadership Team
- Lord Abbett is an independent, privately held money management firm with a singular focus on the management of money. We approach this task as the practice of a craft, which supports our unwavering commitment to the stewardship of our clients' assets. Ultimately, our philosophy guides the way we manage money and the firm itself.
Philosophy
- As one of the oldest money management firms in the United States, Lord Abbett has provided generations of financial advisors and their clients with a quality investment experience since 1929. See how we have met the challenges of changing times while upholding our commitment to the stewardship of clients' assets.
History
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Founded in 1929.
One of the oldest independent money management firms in the United States.
Overview
Lord Abbett takes seriously its responsibility to the surrounding community. See how we demonstrate our commitment through both financial support of, and partnership with, local nonprofit organizations.
At Lord Abbett, integrity, courtesy and loyalty are more than abstract ideas; they are the qualities we bring to our daily business. To learn more about the culture at Lord Abbett, visit our Career Opportunities section.
