Hiring advisers with a variety of backgrounds can result in a well-rounded team. Everyone is unique, but nobody can do what a group can accomplish together, says one program manager.
Hiring young advisers and recruiting those who are more experienced is a major challenge for bank programs. Bank Investment Consultant has spilled much digital ink on the issues surrounding staffing. Usually they’re in the mold of an industry facing dire straits: Advisers are aging and younger professionals aren't as interested in this career. Meanwhile, the business opportunity presented from retiring boomers is not being fully embraced.
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