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Penny Hubbard, Thompson Investment Management

IB’s Professional of the Week is the premier way to meet Dane County’s professionals. This week features Penny Hubbard, vice president, Thompson Investment Management.

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What are the most challenging and rewarding aspects of your job and why?

The most challenging aspect of my job is keeping up with ongoing change. Regulations change all the time, and securities and technology seem to change faster and faster. The most rewarding part of my job is spending time with such great co-workers, clients, and shareholders. These people are what matters and that is really why I do this job. We truly have a fantastic staff here!

Who do you look up to or admire in business and why?

I really admire Pat Lipton, who worked for the State of Wisconsin Investment Board as its executive director until retiring. Pat has such broad knowledge and is one of the brightest people I know. At the same time she is also so down to earth. Historically, our industry has been very male dominant, yet Pat has been very successful in it. She is a lifelong learner and I admire that about her. She’s always very curious and I like that a lot, too.

What has been the high point of your career so far?

The success of the Thompson IM funds and having a national product line. Thompson Investment Management is very team-oriented and it’s a culture that, if it’s a good fit for you, you’ll be here a long time. I spent most of my career building this team. They work hard and like each other. The relationships are genuine and not an act.

Thinking back on your career, what advise would you give to your 21-year old self?

Change can be scary. If you embrace it, it’s easier to navigate. Change can also create a lot of anxiety but I would encourage those just starting out in business — any business — to grab ahold of it and run with it. It’s really important at times to be a little fearful and uncomfortable.


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