Work EthicNovember 10, 2026

Why People Will Stay at the Center of Wealth | Jennifer Grancio (TCW)

Today we're going in depth with Jennifer Grancio. Jennifer is the global head of distribution at TCW. Previously, she served as the CEO of Engine No. 1 and is a founding member of BlackRock's iShares business. Jennifer serves on the board of Ethic.

In this episode you’ll learn:

  • What it takes to build, scale, and reinvent successful businesses in a rapidly changing industry, drawing on Jennifer’s experience at iShares, Engine No. 1, and TCW
  • Lessons on identifying market opportunities, navigating uncertainty, hiring the right talent, and building cultures that drive innovation
  • How AI, ETFs, and evolving client expectations are reshaping the industry

Timestamps:

00:00 - Introduction

01:45 - How Do You Get ROI on Having Gone to a Private University?

04:54 - How iShares Helped Transform Investing

06:35 - Why Great Products Aren't Enough to Build a Business

08:34 - How the Fee-Based Model Fueled ETF Growth

10:26 - Lessons from Scaling an Investment Business Globally

13:57 - Why Jennifer Left to Build Engine No. 1

17:36 - How to Hire the Right People at Every Stage

20:45 - Building a Business Through Market Downturns

22:11 - Jennifer's Leadership Philosophy

23:27 - How TCW Is Evolving Its Investment Business

25:27 - How AI Will Transform Asset Distribution

28:32 - What's Next for ETFs?

29:37 - The Future of Wealth Management and Personalization

31:20 - Work Ethic Rapid Fire Questions

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Just a heads up: this podcast is for information purposes only. Read more about Work Ethic and subscribe to our newsletter https://www.ethic.com/work

Connect with Ethic on LinkedIn (https://www.linkedin.com/company/ethic)

Find out more about Jennifer and TCW (https://www.tcw.com/about/people/jennifer-grancio)

Connect with Jennifer on LinkedIn (https://www.linkedin.com/in/jennifer-grancio/)

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