There's generally a lot of work for the new person, so taking time for training seems counterproductive. Yet, this is an investment that can yield big dividends".
Matthew Matrisian, senior vice president at Genworth Wealth Management. |
Summary: Most firms subject new hires to trial by fire. As a result, many say they experience disorder, lack of clarity, and confusion. Very few firms, even the best, engage in thoughtful training. This suggests that advisors can do better when it comes to preparing team members to succeed. Considering the time and thought required to design, develop and deploy formalized training programs, it’s no surprise that the advisory profession doesn’t have a mature training model. Here are some ways to help new hires thrive.
There's generally a lot of work for the new person, so taking time for training seems counterproductive. Yet, this is an investment that can yield big dividends".
Matthew Matrisian, senior vice president at Genworth Wealth Management. |
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