Recruiting RIAs when bigger money beckons

08/1/2013 | Financial-Planning.com

Registered investment adviser firms are competing for talent with the insurance and banking sectors, and those industries offer wages that are 10% to 25% higher, says Caleb Brown, founder of New Planner Recruiting and an FPA member. RIA firms have a better chance of landing new hires if they offer mentoring opportunities, good salaries and assurance that the firm is on track for growth, Brown says.

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