Looking ahead to 2010, I’m seeing more and more articles indicating that wealth management and financial planning firms plan to hire staff in the next 12 months (see InvestmentNews and Investment Advisor for examples).
But when the time arrives to hire for your firm, will you rely on providence or planning to find the right employee?
When I say rely on providence, I’m referring to firms that cast a wide net by posting want ads across the Internet and wade through the deluge of résumés that pour in. Yes, posting a job description on industry related sites is more likely to generate qualified candidates, but firms are hoping that ideal candidates are constantly watching the job postings for new positions. Hence the reference to providence.
So instead of relying on chance to find the right employee, advisors should turn to organizations that specialize in matching talented individuals with open positions.
