by Patrick M. Kelly | May 30, 2019 | Hiring, Merril Lynch, Training Programs
As of this year, Merrill Lynch has over 14,000 Financial Advisors and $2.3 trillion in Client Balances. According to Investors Business Daily, the wirehouse isn’t only trying to lure top performing and experienced financial advisors. Merrill Lynch is continuing...
by Patrick M. Kelly | Apr 11, 2014 | Financial Advisors, Financial Recruiting Industry, Hiring
“The path to success for a trainee has become substantially more difficult,” acknowledged Bill Willis, President and CEO of Willis Consulting, Inc. in an interview with Ilana Polyak, reporting for OnWallSteetMag. The path to success for a financial advisor...
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 | May 20, 2013 | Financial Services Industry, Hiring, New Recruits
Breaking into the brokerage business is getting tougher as declining fees make small accounts less profitable and government restrictions on unsolicited calls make phone sales taboo. That’s leaving big firms struggling to replace a retiring generation of financial...
by Patrick M. Kelly | Jan 18, 2013 | Hiring, Job Market
Not official yet, but an “unidentified” person “in the know” released the information last week to FA-mag.com. The rumor has it that 1,600 jobs within the investment banking and trading units will be slashed in the coming weeks, about half of them within the United...
by Patrick M. Kelly | Nov 22, 2012 | Hiring
Transitioning from military to civilian life has proven difficult in the “best of times” for our US military veterans, but Edward Jones has taken a lead in assisting vets by hiring 300 military veterans this year with its new FORCES program. (The 300 are in addition...
