>> So I'm Ed Applegate, been with Morgan Franklin for the last 9 years
as a managing director and avid Penn State Alum and very excited
to be able to help out with this.
I also do recruiting on campus and we just had recent visit up there to meet a lot of students
and look forward to having some of them down to the office to learn more
about different careers at Morgan Franklin.
Typical day for me as a managing director involves a number of key things.
Identifying great talented people because our business is all about the people and the value
that we deliver to our clients, so that's number one.
Number two is then identifying those clients and then the needs within those clients
that they have, the problems that they need to solve and identify...match those
with solutions that we can provide for them.
We can't always do everything but were we identify the things that are important to us,
we work hard to bring solutions to them.
A busy day would be probably have me starting at the gym in morning about 6:45,
do that a couple days a week, got to stay on top, we're about people and everyone needs
to be able we take care of themselves as well as our clients making sure that I get
that in early before the demands of the day is always important.
You know probably have a breakfast meeting or a coffee with someone, it might be someone
at an executive level whose looking to maybe change careers, often good to meet in morning,
move on to a client sites, check on with an engagement team, what's going on.
Each week we have weekly meetings with our clients to go over the status of our projects
and things, so might participate in what we call a weekend review meeting, do that.
Then on to the, you know, probably a lunch meeting of some sort,
and then on to the afternoon which might include some sort of other networking.
We don't do things just for ourselves but we look out for a lot of the partner firms
that we work with and that might involve an introduction for one of them to one our clients
or even introducing, reciprocating, you know, getting an introduction to others.
Just this past year, was involved in an exciting transaction
where we helped a client basically break their company into two pieces,
looked for outside investors, they were...we helped them raise a billion dollars
and then do acquisitions of other resort hotels in Mexico.
It was a fantastic project, we had a large team of working on it in a very hectic environment
with due diligence happening on the company by the investor,
supporting other diligence activities on the opportunities in Mexico along with a lot
of different financial reporting and requirements for potential lenders.