An Investor-Friendly Way To Switch Broker-Dealers

By Mark Elzweig
Source: ThinkAdvisor

 

It’s always best to sell your move from one broker-dealer to another by telling clients how you can better service their account at the new firm. There’s also an investor-focused approach: Compare the broker-dealer move to moving out of one stock and into another. By taking this investor-friendly tactic, you are giving clients a clearer outlook.

 

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How Do Your Employee Benefits Stack Up?

By Caleb Brown
Source: New Planner Recruiting blog

 

As the season of year-end employee reviews has wound down, growing firms are now turning their attention to hiring for 2015, from filling new full-time positions to getting a head-start on interviewing for summer interns. Accordingly, this month we will discuss a few ideas to ensure your employee benefit package is still competitive to attract the best and brightest candidates with the most potential.

 

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Recruiters Panel: What’s Your Move?

By Ralph R. Ortega
Source: On Wall Street

 

One of the cold, hard realities in wealth management of recent years remains true to this day: There is a supply-and-demand problem. The biggest firms are falling short of filling the pipeline with a steady supply of young financial advisors who can replace an aging advisor population within the employee advisory channel, according to our annual grouping of the wealth management industry’s top recruiters.

 

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Every Young Adviser Needs A Successful Mentor

By Grant Webster
Source: InvestmentNews

 

My first seven years as an adviser have been a rollercoaster ride, with many more ups than downs. The learning curve to becoming an adviser is steep and the skills needed to succeed in this industry are vast and ever-changing. Not only are technical and analytical skills important, equally so are relationship skills and the ability to connect with your clients.

 

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TD Ameritrade Launches Free Career Site

By Megan Leonhardt
Source: Wealth Management

 

TD Ameritrade Institutional rolled out a free internship and job search site on Thursday to help RIA firms attract and groom the next generation of advisors. On the new site, the RIA NextGen Career Exchange, students can post resumes, as well as search job openings at RIA firms. Advisors can also search for job opportunities or search for candidates for job openings. It’s a free service.

 

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Should I Hire A New Or Experienced Planner?

By Caleb Brown, New Planner Recruiting
Source: ThinkAdvisor

 

As financial planning firms grow, eventually they need to hire a new planner. The question firm owners face is this: hire someone new to the industry, or hire an advisor who’s more experienced? The short answer, not surprisingly, is that “it depends.” Firms have different skill needs, managers have different styles, and there are varying cultures, personalities, client types, etc. Here are some advantages and disadvantages to consider when deciding to pursue an experienced planner versus a new planner.

 

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RIAs, Dually Registered Advisors Enjoying Double-Digit AUM Growth

By Warren S. Hersch
Source: LifeHealthPro

 

The number of financial advisors grew by a 5-year compounded annual growth rate (CAGR) of 9.4 percent between 2008 and 2013, according to new research. Cerulli Associates unveils this finding in the first quarter 2015 issue of “The Cerulli Edge: Advisor Edition.” The research examines critical issues facing financial advisors.

 

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Taking Over An Adviser’s Book Can Be A Risky Venture

By Liz Skinner
Source: InvestmentNews

 

Stepping into the shoes of a retiring financial adviser may sound easy compared to the business development efforts it takes to recruit an entire practice of clients. But even after making it through the difficult task of completing such a deal, many challenges lie ahead.

 

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Cangrade, Advisors Ahead Join Forces On Pre-Hire Screening Software

By Danielle Andrus
Source: ThinkAdvisor

 

Cangrade announced last week a partnership with Advisors Ahead to launch Cangrade Insights, a new entity for the firm that will offer an employee placement product, Cangrade NextGen Insights, specifically for Advisors Ahead. The new product will help employers evaluate potential candidates’ potential.

 

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Financial Adviser Rises In List Of Top Jobs

By Liz Skinner
Source: InvestmentNews

 

A ranking of America’s top jobs found that financial advice increasingly is a terrific profession, moving up 16 spots on the U.S. News and World Report list from last year. “Financial adviser” ranked No. 25 of the 100 Best Jobs of 2015, according to an annual list released by the publication Tuesday. The profession landed at No. 41 last year, No. 32 in 2013 and No. 23 in 2012, which was the first year the list was published.

 

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