Smart Business Magazine, April 2020
46 Smart Business April 2020 our assets and doubled our business It actually got us into a different part of our industry the direct to consumer segment It also gave us a great opportunity to serve the military and their families and work with USAA which is just a tremendous organization The deal also resulted in Victory Capital moving its headquarters from Cleveland to San Antonio where USAA was based Were still going to have the same presence weve always had in Cleveland Brown says We just felt that it was a natural evolution for us to name San Antonio as the headquarters As we think about recruiting with all of the population growth there and some of the attractiveness of the city it made a lot of sense In terms of growth San Antonio has seen its population grow from 132 million in 2010 to 153 million in 2018 according to the U S Census Bureau Conversely Census data shows Clevelands population has dipped from nearly 397000 people in 2010 to about 384000 in 2018 Despite these trends Brown says Cleveland city officials continue to work hard to get things turned around Ive been here for 15 years and Ive seen the evolution of where we were in the early 2000s to where we are today Brown says Cleveland has a lot to offer with the health care system we have here and it being a very easy place to raise a family Im not sure that I could point to one thing and say Hey they should be doing more of this I just think in general not just in Cleveland cities need to continue to engage business leaders and make sure that when these elected officials are thinking about business theyre thinking about making their cities business friendly Beyond that the importance of where a company is based has diminished in the 21st century I cant think of it as all of my employees in one office and everybody needs to be in that office all the time Brown says You really have to take a step back and say how do you create a work platform for employees where If you have a bad day you get tomorrow and it starts over If you have a good day you have to go back tomorrow and prove yourself all over again DAVID C BROWN CHAIRMAN AND CEO VICTORY CAPITAL HOLDINGS INC COVER STORY VICTORY CAPITAL HOLDINGS INC
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