robert - Employing The Future

Written by robert

February 8, 2023

What’s the benefit of using a third-party recruiter instead of direct to a firm?

This is a common question asked to consultants from financial advisors, “𝘞𝘩𝘺 𝘸𝘰𝘶𝘭𝘥 𝘐 𝘸𝘰𝘳𝘬 𝘸𝘪𝘵𝘩 𝘺𝘰𝘶𝘳 𝘧𝘪𝘳𝘮 𝘸𝘩𝘦𝘯 𝘐 𝘤𝘢𝘯 𝘵𝘢𝘭𝘬 𝘥𝘪𝘳𝘦𝘤𝘵𝘭𝘺 𝘵𝘰 𝘔𝘰𝘳𝘨𝘢𝘯 𝘚𝘵𝘢𝘯𝘭𝘦𝘺 𝘰𝘳 𝘙𝘢𝘺𝘮𝘰𝘯𝘥 𝘑𝘢𝘮𝘦𝘴 𝘮𝘺𝘴𝘦𝘭𝘧?” A third-party recruiter in the financial services industry can offer several advantages over going direct: 𝟭. 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗮 𝘄𝗶𝗱𝗲𝗿 𝗿𝗮𝗻𝗴𝗲 𝗼𝗳 𝗷𝗼𝗯 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: We

Written by robert

February 8, 2023

5 Questions You Should Be Asking a Recruiter as a Financial Advisor

𝟭. What kind of clients are you looking to place me with and how do they align with my strengths and interests?𝟮. How much 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝗻𝗱 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 will I have access to, such as 𝘳𝘦𝘴𝘦𝘢𝘳𝘤𝘩, 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺, 𝘢𝘯𝘥 𝘮𝘢𝘳𝘬𝘦𝘵𝘪𝘯𝘨?𝟯. Can you provide me with information about the compensation and benefits package, including the payout structure?𝟰. Can

Written by robert

January 24, 2023

Why A Methodical Due Diligence Process Is Imperative In A Transition

Written by Robert Noe Jr. Introduction Transitioning clients is a huge undertaking. It can be a stressful process, especially if you don’t have a methodical plan in place before it begins. Your firm will want to ensure that they are able to capitalize on its new clients while minimizing any financial risks associated with the

Written by robert

January 24, 2023

First Republic’s Hiring Spree Rolls on With $7.8-Mln Merrill Team in Beantown Suburb

Notching its third multi-million dollar team in as many weeks, First Republic Bank’s private wealth unit on Friday hired a Merrill Lynch team generating $7.8 million in annual revenue from $850 million in client assets in Wellesley, Massachusetts, according to a source familiar with the move. The 12-person team is led by Derek M. Mohamed

Written by robert

January 24, 2023

5 Proven Steps to Ensure I Retain Assets After Termination

If you’ve been terminated as a financial advisor, here are 5 proven measures you can do to try to retain assets under your management: 1. Communicate with your clients. Reach out to them as soon as possible and explain the situation. Provide them with your contact information and let them know that you’re still available

Written by robert

September 19, 2022

Merrill Private Wealth Broker with $4.5B Book Launches RIA in San Francisco

Merrill Lynch, which has revived its veteran broker recruiting efforts, has another big gap to fill as a longtime private wealth broker with over $4 billion in client assets struck out on his own in San Francisco. After 18 years with the ‘thundering herd,’ Ash Chopra left on Friday to launch Syon Capital, according to

Written by robert

August 22, 2022

Merrill Lifer Producing $3.4 Million Jumps to First Republic in NYC

First Republic Bank’s Private Wealth Management division has lured a veteran Merrill Lynch broker who led a team generating $3.4 million in annual revenue, according to a well-placed source. The group is led by Radhika Mehta-Sharan, who started as a client associate at Merrill in 2000, according to her LinkedIn profile and registration records. She

Written by robert

July 13, 2022

Merrill Veteran Producers Go Indie with LPL and Raymond James Affiliate

A solo producer managing $280 million in Louisiana and a duo managing $300 million in client assets in New Mexico have left Merrill Lynch for LPL Financial and Concurrent Advisors. In Monroe, Louisiana, Ivan Hendricks on July 8 registered with LPL after 11 years with Merrill, according to registration records and an announcement Tuesday from

Written by robert

July 13, 2022

Edward Jones Lifer Breaks Away to Raymond James’ Indie Channel

A top Edward D. Jones & Co. broker in Paducah, Kentucky, who had been at the firm his entire 21-year career, left and joined Raymond James Financial’s independent channel on July 7, according to a source and registration records. The broker, Phillip “Kurt” Sutton, has served a client roster with roughly $300 million in assets,

Written by robert

July 6, 2022

Edward Jones’ Top Broker Takes Her $1.7-Bln Book to Ameriprise

Edward D. Jones & Co., the largest full service brokerage firm by its almost 19,000 brokers, has lost its biggest hitter. Jennifer A. Marcontell, who managed $1.7 billion in client assets in Baytown, Texas, left on Friday to launch an independent practice with Ameriprise Financial in the Houston suburb of Mont Belvieu, an Ameriprise spokesperson

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Author: robert

What’s the benefit of using a third-party recruiter instead of direct to a firm?

5 Questions You Should Be Asking a Recruiter as a Financial Advisor

Why A Methodical Due Diligence Process Is Imperative In A Transition

First Republic’s Hiring Spree Rolls on With $7.8-Mln Merrill Team in Beantown Suburb

5 Proven Steps to Ensure I Retain Assets After Termination

Merrill Private Wealth Broker with $4.5B Book Launches RIA in San Francisco

Merrill Lifer Producing $3.4 Million Jumps to First Republic in NYC

Merrill Veteran Producers Go Indie with LPL and Raymond James Affiliate

Edward Jones Lifer Breaks Away to Raymond James’ Indie Channel

Edward Jones’ Top Broker Takes Her $1.7-Bln Book to Ameriprise

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