 Firms need to manage millennial employees successfully to leverage their intrinsic talents for the betterment of the organization."Caleb Brown of the chairman of FPA NexGen and a partner in New Planner Recruiting. |
Recruiting Millennials? 4 Things to Keep in Mind
Caleb Brown | On Wall Street, November 2013
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Summary: There is heavy competition for the relatively few unattached experienced advisors, mainly due to the fact that firms can assign client responsibilities to these hires immediately, without extra training, and expect them to start generating revenue immediately -- especially if they have an existing book of business. Yet with big demand and small supply, prices are high (and continue to escalate) for this type of advisor.
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