Nerd's Eye View

DECEMBER 9, 2022

Recruitment has become the top concern for RIAs, according to a Charles Schwab survey, outpacing client acquisition through referrals and other priorities for the first time in the history of the study. The key questions aspiring partners can ask themselves to determine whether becoming a partner in their firm is the right course for them.

Financial Planner 246

Financial Planner Recruitment Retirement Planning Retirement 246

Nerd's Eye View

JUNE 30, 2023

Also in industry news this week: Concerned about the (insufficient) frequency of its examinations of RIAs, an SEC committee has recommended that the regulator allow third parties to conduct these examinations and to request Congressional authorization to charge investment advisers under its purview a ‘user fee’ that would provide steady (..)

Financial Planner 246

Financial Planner Fee Only Commission Retirement Planning 246

Nerd's Eye View

APRIL 12, 2024

Also in industry news this week: A recent study indicates that advisors charging clients on a monthly subscription basis hiked their fees by an average of 6% in 2023, raising the salience of how advisors can most effectively communicate fee increases to clients A survey suggests that while financial advisors are increasingly aware of Artificial Intelligence (..)

Financial Planner 246

Financial Planner Insurance Recruitment Financial Planning 246

Diamond Consultants

DECEMBER 18, 2024

Whats the reality when it comes to recruiting and transitions? One factor working in favor of higher deals: For the first time in recent memory, all four wirehouses are back in the competitive recruiting battle. Competitive recruiting is coming to an end at the big firms. An annual perspective for advisors.

Recruitment 52

Recruitment Retirement Assets Education 52

The Big Picture

OCTOBER 7, 2024

Wall Street Journal ) • This Video Game Controller Has Become the US Military’s Weapon of Choice : After decades of relying on buttons, switches, and toggles, the Pentagon has embraced simple, ergonomic video-game-style controllers already familiar to millions of potential recruits. You won’t believe your ears.

Electronics 147

Electronics Recruitment License Healthcare 147

Diamond Consultants

MAY 27, 2025

Here are three counterarguments to scale for advisors to consider: Big Can Feel Impersonal For advisors, working at a massive firm can sometimes feel like being just another number. The biggest firms continue to grow, often by acquiring smaller players or recruiting top talent with the promise of resources and reach.

Wealth Management 52

Wealth Management Management Compliance Recruitment 52

The Big Picture

MAY 20, 2025

In addition, they’ve put up some really impressive numbers over the past 30 years, which has given them the opportunity to donate tens of millions of dollars to their favorite organizations. We don’t give exact numbers. Number one, it means our transaction costs are less, which based on your career, you know exactly.

Management 130

Management Numbers Transportation Accounting 130

Financial Symmetry

MARCH 12, 2025

From the rising number of women controlling wealth as they outlive their spouses to tackling stereotypes that hinder women’s earning potential, this episode addresses the systemic barriers that impact women’s financial journeys. Join us as we dig into some of the stats surrounding women’s financial empowerment.

Education 51

Education Recruitment Communication Numbers 51

Diamond Consultants

JUNE 1, 2023

Those are some eye-popping numbers. And certainly, there are plenty of firms out there that have identified the right combination of exceptional client service, smart recruiting and strategic growth initiatives—making them attractive acquisition targets. National RIA firm Beacon Pointe partnered with KKR at an over $1B valuation.

Valuation 98

Valuation Recruitment Retirement Distribution 98

Diamond Consultants

OCTOBER 23, 2024

recruit advisors. In addition to recruiting deals, many firms also offer sunset or retire-in-place packages that afford advisors a second bite at the proverbial apple without the need to make another transition down the road. Multiples vary based on the quality and size of the underlying business.

Recruitment 72

Recruitment Assets Wealth Management Taxes 72

The Big Picture

AUGUST 16, 2022

And then in 1982, Dean Witter recruited me to join them and to really start managing what was their fledgling hedge fund practice, which was really with CTAs back in that era, and then evolved into, you know, more macro style funds. Maybe we’ll get down to 4% or 5%, but that’s the number the Fed doesn’t like.

Management 305

Management Assets Risk Management Marketing 305

Diamond Consultants

MARCH 19, 2024

Which firms are the most successful recruiters? Because even if you have no intention of changing firms or models, understanding key trends around recruiting and transitions will help you become a smarter advisor and a better steward for your clients. Questions like: Where are deals headed? Which firms are losing top talent?

Recruitment 52

Recruitment Wealth Management Numbers Clients 52

Diamond Consultants

OCTOBER 4, 2022

So far, this year has proven that advisors are the real winners as firms have stepped up their games to become attractive landing spots with strong recruitment deals to match. Which firms are winning the recruiting race, and which are losing? Independent firms saw the most success in recruiting— adding 287 advisors on a net basis.

Financial Advisor 52

Financial Advisor Recruitment Wealth Management Consulting 52

The Big Picture

MARCH 4, 2025

Melissa Smith : So I definitely thought that I was gonna work in the public sector when, when I’m recruiting at JP Morgan I always, you know, get the question sort of how did, how did you get into investment banking? JP Morgan’s public finance team recruited specifically at the policy school. What was the original plan?

Banking 130

Banking Economy Startup Marketing 130

James Hendries

JUNE 18, 2023

A relatively small number of employers offer generous matching contributions, exceeding the standard dollar-for-dollar match, to enhance their recruitment efforts and compensate for discontinuing defined benefit pension plans.

Recruitment 52

Recruitment Retirement Retirement Planning Planning 52

Diamond Consultants

AUGUST 7, 2023

While the firm continues to add new advisors to its ranks, it’s still struggling to keep pace in the so-called recruiting wars. Why do some firms enjoy tremendous success in retaining and recruiting advisors while others struggle to keep and attract advisor talent? And even current Jones advisors are wondering why.

Recruitment 52

Recruitment Compliance Budgeting Financial Advisor 52

Nationwide Financial

DECEMBER 8, 2022

These diverse leaders will also discuss an innovative recruiting event recently hosted by FARE, which attracted HBCU students from across the country who envision a future for themselves in financial services. What does it take to attract top diverse talent to your firm?

Recruitment 52

Recruitment Financial Services Certification CFP 52

Clever Girl Finance

JUNE 27, 2023

Online recruiter 16. Online recruiter Are you a matchmaker? Well, then, you could be a superb online recruiter. Qualifications for online recruiters A degree in human resources or communications is advantageous but not necessary. The average pay for online recruiters is $56,583 per year. Administrative associate 8.

Certification 98

Certification Recruitment Media Engineering 98

Diamond Consultants

AUGUST 23, 2023

Advisors see capital as being diverted from providing necessary support to the existing advisor community in favor of growth via recruiting. Both long-tenured advisors, and those still under recruiting agreements are feeling that the firm overpromised and underdelivered.

Recruitment 52

Recruitment Wealth Management Clients Communication 52

Diamond Consultants

AUGUST 13, 2024

And, should you decide to ultimately change firms, you might also think there’s strength in numbers: Moving a larger book of business could result in a more lucrative recruiting deal and better ongoing economics. There are real benefits to scale when it comes to being recruited.

Recruitment 52

Recruitment Risk Tolerance Planning Education 52

Trade Brains

SEPTEMBER 22, 2023

MRL exported tires to a number of nations, including the United States, the Middle East, Pakistan, and Afghanistan. In terms of employment services, it offers permanent recruitment services, temporary staffing options, and regulatory consulting for labour law compliance. In the truck and bus markets, MRL had a 15% market share.

Portfolio Analysis 116

Portfolio Analysis Portfolio Healthcare Banking 116

The Big Picture

APRIL 29, 2025

00:16:57 But I got the call and from a recruiter, and Jenison was an intriguing company to me. So that, that number ultimately is about 40 billion of our 150 billion of equity. But we are in a number of annuity and, and other asset allocation products throughout Prudential that, that avail themselves of, of our various capabilities.

Management 130

Management Assets Portfolio Insurance 130

The Big Picture

FEBRUARY 12, 2024

And since that happened, I don’t know, about four or five years ago, the fund has been putting up great numbers, outperforming doing really, really well. So then I just started interviewing with companies as they came on, on the, on-campus recruiting to see what, what I could find. 00:03:03 I got rejected at all of them really.

Management 294

Management Investments Investing Economy 294

MarketWatch

MAY 8, 2023

The Post report cited a source as saying a number of directors and institutional investors think CEO Freda, who has held the role since July 2009, has lost his touch, and are now recruiting shareholder activists. The company did not immediately respond to a request for comment. The stock has tumbled 21.5%

Recruitment 40

Recruitment Numbers Sales Management 40

Diamond Consultants

AUGUST 9, 2022

That is, there are service providers that offer state-of-the-art platforms and support, an ever-growing number of consultants to serve as guides at start-up and longer-term, and a growing pool of capital resources available to advisors seeking working capital, liquidity, or to offset unvested deferred comp that may be left behind.

Compliance 59

Compliance Recruitment Clients Retirement 59

The Big Picture

FEBRUARY 21, 2023

We’ve always been a virtual company, just used to be through the mail and 1-800 number when I joined. So that’s a number I hadn’t seen before. Number one, you put it back into the business. And straight up, the number is huge. RITHOLTZ: That’s how it’s meant. BUCKLEY: Yeah. We’re 99.97

Clients 279

Clients Investments Investing Retirement 279

Diamond Consultants

JUNE 21, 2022

Yet many advisors shy away from the due diligence process itself, envisioning an exhaustive barrage of calls from recruiters and managers of other firms and meetings that often lead nowhere. While understanding the economics of a recruiting package is important, it shouldn’t be your first inquiry. But it doesn’t have to be that way.

Financial Advisor 52

Financial Advisor Recruitment Education Compliance 52

eMoney Advisor

DECEMBER 15, 2022

While these are only estimates, not forecasts, the numbers seem promising. Though the CFP Board noted increases in the number of female (4 percent), Black (10 percent), and Hispanic (15 percent) CFP® professionals in 2021, the field remains disproportionately male and white. A Wave of Retirements Expected. population. Sources: 1.

Financial Planner 74

Financial Planner CFP Certified Financial Planner Financial Advisor 74

Good Financial Cents

JANUARY 11, 2023

Being a financial analyst at a bank requires more than just crunching numbers. To find the best jobs in banking, it’s important to build relationships with financial professionals and recruiters, who can provide invaluable insight into compensation trends and career paths. Financial Analyst. Average Salary: $91,580 per year.

Banking 96

Banking Budgeting Portfolio Management Recruitment 96

Harness Wealth

AUGUST 31, 2023

Of course, for either role, there are always outliers, and wages can vary based on a number of factors, including geography, as we’ve outlined in two charts below. Accounting Industry Salaries in 2023 When you do have your answer on which team member to hire, you’ll, of course, need to understand if you can afford their salary.

Taxes 59

Taxes Recruitment Accounting Budgeting 59

Clever Girl Finance

NOVEMBER 19, 2023

Today, the number of remote jobs has skyrocketed and the shift to working remotely is likely here to stay. At Pearson, remote work is available to 51% of the company and that number is likely higher now due to COVID. Cybercoders Cybercoders is a top recruiting company headquartered in Irvine, California.

Recruitment 52

Recruitment Engineering Media Education 52

Harness Wealth

MAY 12, 2025

The numbers paint a stark picture, with approximately 340,000 fewer accountants working today compared to just five years ago (Bloomberg). Declining number of graduates Adding to the CPA shortage is a dramatic decline in the number of students pursuing accounting degrees.

Taxes 52

Taxes Compliance Accounting Numbers 52

The Big Picture

SEPTEMBER 19, 2023

00:12:53 [Speaker Changed] I think number one, the team, my team at Goldman and the, a broader team even and the team at Maryland are, are some of my favorite people. 00:15:31 And so he put me in contact with a recruiter. New York is number one. Who were they recruiting you or had, had you kind of quietly reached out?

Assets 147

Assets Management Portfolio Investments 147

The Big Picture

SEPTEMBER 3, 2024

Heather comes from with a fascinating background, having previously been in a number of other places, most notably Morningstar, and, and she has a very specific approach to investment management and thinking about stock selection. They do a number of things at Diamond Hill that many other investment shops don’t.

Investments 147

Investments Investing Valuation Management 147

Diamond Consultants

JUNE 28, 2023

In fact, in our most recent Transition Report for Advisors , we determined that wirehouses, regionals, and boutiques have all added a meaningful number of talent to their firms because each offered what advisors desired to achieve their goals with greater control. First, UBS left the Protocol for Broker Recruiting.

Compliance 52

Compliance Recruitment Clients Compensation Planning 52

Diamond Consultants

SEPTEMBER 20, 2022

Are there any special considerations that may impact your decision (such as a large outstanding deferred comp balance, obligations from an existing recruiting note, etc.)? Are there mandates for the number of days spent in the office for advisors or support staff? Do you want a firm that offers equity? Office Space and Requirements.

Recruitment 52

Recruitment Clients Banking Retail 52

Trade Brains

OCTOBER 18, 2024

This number is more than four times that of the IPOs in 2020. They’re also recruiting tech talent to drive digital transformation efforts. Recent Developments and Future Outlook The Indian investment banking sector is witnessing a surge in activity. Furthermore, the sector is attracting global attention.

Banking 52

Banking Economics Investing Investments 52