Recruitment Firm for Financial Advisor Jobs
I came across an interesting article in this month’s Financial Advisor, “Shakeout Ahead” written by Andrew Gluck, a veteran financial writer and owner of Advisor Products, Inc. a marketing technology company servicing 1,800 advisory firms. The gist of the article was centered on the debate as to why there has been a decline in the [...]
Wells Fargo, CEO John Stumpf, puts it bluntly: “When we hire somebody around here, we want to know how much you care, before we care how much you know. We call our employees team members, not employees. Employees denote an expense to be managed. Team members are an asset to be invested in.” Forbes February [...]
There has been talk (and verification) of expansion in both wirehouses and regionals all month long. Just this week BofA Merrill announced it planned to continue to hire and build its core global wealth management business. (They hired an additional 1,697 new financial advisors in 2011.) Then Edward Jones announced they were rolling out a [...]
OnWallStreet spoke to their elite Recruiter Roundtable members to get their reaction to the Raymond James-Morgan Keegan acquisition this week. Most of them agreed it looked like a good “cultural” fit, but when it came to the retention packages being offered the financial advisors and the discussion as to how many of the 1,000 will [...]
“High Tower plans to continue to ramp up the expansion and take advantage of the increased advisor movement,” stated Executive Vice President of Business Development, Mike Papedis, to reporter Lorie Konish of OnWallStreet on January 23. This comes following High Tower’s hiring of a high-end advisor team from MSSB’s Graystone Consulting business. The team will [...]
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