Wirehouses Recruiting Independent Brokers

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We’re seeing a “flip-flop” in the financial recruiting arena lately. Big brokerage firms are now knocking on the doors of “independent” brokers, and that marks a change for both parties. During the financial crisis, firms like BofA’s Merrill Lynch and Morgan Stanley held on to top advisors with big retention bonuses and deferred-pay recruiting packages [...]

Edward Jones Seeking Experienced Financial Advisors

With a history of hiring career changers and entry level trainees, Edward Jones wants to recruit at least 230 experienced advisors this year, at least one for each of their regions where they operate. Earlier this year, they added three new recruiters and streamlined their hiring process. Jordy Evans, principal of Edward Jones told Registered [...]