by Patrick M. Kelly | Mar 21, 2013 | Financial Advisors, Financial Recruiters, Financial Services Industry
“Although the job market for all advisors is robust, the talent shortage among firms catering to extremely wealthy clients is particularly acute. That’s good news for advisors, but a problem for firms hoping to expand.”* The talent drought is causing firms to...
by Patrick M. Kelly | Nov 7, 2012 | Financial Advisor Job Recruits, Financial Recruiters, Financial Recruiting Industry
The bidding war among the big wirehouses to recruit financial advisors who manage the assets of the “ultra rich” continues. High-end U.S. brokers are being offered two to three times the commissions and fees they produced in the previous year, a reflection of how...
by Patrick M. Kelly | Sep 7, 2012 | Financial Recruiters, Hiring
Citi Private Wealth Management (Citibank) is a global bank with approximately 200 million customer accounts and conducts business in more than 160 countries and jurisdictions. They provide consumers, corporations, governments and institutions with a broad range of...
by Patrick M. Kelly | Sep 4, 2012 | Financial Recruiters, Hiring, Job Market
St Louis based Wells Fargo Advisors is looking for up and coming “rising stars” for their WBS (bank brokerage) and PGC (Private Client Services-wire house) channels. By their definition, a “rising star” is a financial advisor with less than 6 years of industry service...
by Patrick M. Kelly | Aug 29, 2012 | Financial Recruiters, Financial Services Industry, Job Market
Announces Plans to Hire 300 Bankers and Brokers Continuing with a brisk hiring spree over the past two years, Citigroup has recently hired two top execs: John Cummings as chief operating officer for Citigold Wealth Management and Frank Consalo overseeing investment...
by Patrick M. Kelly | Aug 27, 2012 | Financial Advisor Job Recruits, Financial Recruiters
Beacon Pointe, based in Newport Beach, Ca., is one of the largest independent RIAs in the U.S. with over $4 billion in assets under advisement. The firm specializes in working with endowments, foundations, institutions, and high-net-worth individuals. Beacon Pointe...