by Patrick M. Kelly | Mar 10, 2014 | Financial Recruiting Industry
[pullquote]Interesting times…[/pullquote] “2013 was a great year for the wealth management industry, and comp packages are more or less increasing across the board.” “That said, it won’t surprise anyone to learn that the rich are still getting richer—meaning...
by Patrick M. Kelly | Feb 10, 2014 | Financial Recruiting Industry, Job Market
“Cut Your Best Deal Now” OnWallStreet.com’s annual Recruiter Roundtable met in January with discussions on future issues within the industry and the prognosis for financial advisor recruiting in the months to come. Bill Willis, President and CEO of Willis-Consulting,...
by Patrick M. Kelly | Feb 3, 2014 | Financial Recruiting Industry
If it would cause millions of low-income Americans to save for retirement who are not currently doing so, then, it just might be a “breakthrough”. [pullquote]I think it’s going to cause a lot of people to actually get started saving[/pullquote]Sheryl Garrett, head of...
by Patrick M. Kelly | Jan 20, 2014 | Financial Recruiting Industry, Job Market
The Bureau of Labor Statistics has indicated that financial advising jobs are projected to grow 32% between 2010 and 2020. This will result in the addition of 64,000-plus jobs during that time frame. Good news to be sure. A driving factor behind this growth in jobs is...
by Patrick M. Kelly | Dec 3, 2013 | Financial Recruiting Industry, Hiring
“Minority representation at entry-level and mid-level positions in financial services has been increasing slightly and stands at 20.4%, but has remained stagnant at the executive level.” [pullquote]The financial services industry is moving too slowly in recruiting and...
by Patrick M. Kelly | Aug 27, 2013 | Financial Recruiters, Financial Recruiting Industry, Job Market
Over the twelve plus years of being in the 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. Thinking they can do this on their...