by Patrick M. Kelly | Aug 8, 2012 | Financial Advisor Job Recruits, Financial Recruiters
Over the eleven plus years of being in the finance recruiting business, I’ve observed a lot of financial advisors going through the recruiting process who have made two common mistakes which have jeopardized their placement opportunities. Number one is thinking they...
by Patrick M. Kelly | Mar 9, 2012 | Compensation, Financial Recruiters
After reading the compensation rankings for advisory firms cited in my last blog article, see what our founder, CEO and President Bill Willis has to say in his article in the March issue of OnWallStreet. [pullquote]Have the firms gone too far with their huge retention...
by Patrick M. Kelly | Mar 8, 2012 | Compensation, Financial Recruiters
Each year OnWallStreet magazine publishes their annual report on compensation rankings by advisory firms. A new trend this year points to growth in team based award programs. As financial recruiters, we’ve definitely seen more and more firms recruiting high end...
by Patrick M. Kelly | Mar 5, 2012 | Financial Recruiters, Job Market
Reuters reported last week that Merrill Lynch is upping their ante for recruitment of top brokers whose performance put them in the top 40 percent of their peers. An upfront cash payment of 150 percent of the fees and commissions they earned during the prior 12 months...
by Patrick M. Kelly | Jan 18, 2012 | Compensation, Financial Recruiters
Bank of America has seen six consecutive quarters of growth in its workforce of financial advisors which now number about 15,500. As a counter to the rumor that more Merrill brokers will be leaving due to competing firms offering them large incentives and the former...
by Patrick M. Kelly | Dec 16, 2011 | Financial Recruiters
Glad I have your attention…so what is “it”? “It” is the all-purpose positioning statement, known in the trade as an elevator speech, because it should be short enough to convey who you are and what you offer in the space of an elevator ride. It helps you...