by Patrick M. Kelly | May 10, 2010 | Financial Services Industry, Job Market, Wall Street
Talk on the street is that they do not and that down the pipeline, they just as soon let that part of their business go. When BofA bought Merrill, they tallied 2.500 FA’s; since then 1,000 have left with prediction by some that as many as half of the BofA financial...
by Patrick M. Kelly | May 7, 2010 | Diversity, Women Financial Advisors
Timing is everything, and I think talented women financial advisors have an advantage now. As Wall Street firms emerge from one of the most disastrous financial crises ever and their profit base begins to rise, we see them turn towards an increase in hiring once...
by Patrick M. Kelly | May 5, 2010 | Compensation, Financial Recruiting Industry
It can be challenging, especially if you don’t understand wirehouse compensation, which is complex, to say the least. The RIA principals wanting to recruit have to come up with a fair compensation comparison and be able to explain the difference. Bottom line, the...
by Patrick M. Kelly | May 13, 2008 | Financial Advisor Job Recruits, Financial Recruiting Industry, Hiring, Job Market, New Recruits
It appears that Wall Street brokerage training programs have not been successful in developing young sales talent with longevity. My experience as Marketing Director of Willis-Consulting, Inc. points to a massive void in the number of financial advisors with less than...