2020’s rising stars of Wall Street share their best career advice

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Jay Lipman and Doug of Ethic: Find aspirational characters and pay if forward.

Jay Lipman and Doug Scott, Ethic


Ethic president Jay Lipman said his best career advice boils down to one crucial act: find mentors who will inspire you. That may not be someone you have worked with directly, but someone who strikes you as an “aspirational character.”

“People that you believe have led the path that you would like to live, and then try to understand how they achieve that — that may be a mentorship or relationship that you have with that individual, where you can ask them and get that relationship,” or they could be through books and admiring great leaders from afar and learning about their lives, he said.

Doug Scott, the chief executive of Ethic, said he’s tried to instill a culture of “paying it forward” at the company, where employees have a sense of helping others as they take on big challenges within the investing community.

“I think that’s something that we did in the early innings of Ethic, and tried to continue that spirit throughout, because I think it does create that bond as well — beyond the sort of traditional business interactions with folks,” he said.

Lipman and Scott formed Ethic, a New York-based asset-management technology startup that builds values-based investment products for firms and financial advisers, in 2015.

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Bullet fired into classroom wall at Wolverhampton College during lessons

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The Paget Road campus

image copyrightGoogle

image captionA bullet hit a wall at the campus on Paget Road, Wolverhampton

Shots were fired at a college classroom with a bullet going through a window while students were being taught inside.

The bullet hit a wall at the Paget Road campus of the City of Wolverhampton College, West Midlands Police said.

No-one was hurt and students and staff were evacuated by security staff.

The force said two shots were heard during Monday afternoon at the site which is opposite St Judes Primary Academy.

Officers carried out a fingertip search of the area and examined CCTV footage and lessons were moved to other parts of the campus.

Ch Insp Hasson Shigdar said: “We are deeply concerned that a firearm has been discharged in broad daylight in the vicinity of the college and also a primary school.”

“We do not believe that anyone in the college was targeted as the view into the building is restricted, however we have increased our patrols to offer reassurance to students and residents in the area.”

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The college said the campus opened as normal on Tuesday.

Principal Malcolm Cowgill described the shooting as an “isolated incident” and said lessons elsewhere were not disrupted.

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