My wire-house team ($2M production across 2 advisors) is looking to expand. We want to hire a Wealth Management Associate ("WMA") and Client Service Associate ("CSA"). Pay for the WMA is $80k plus discretionary bonus. Pay for the CSA is $50k with discretionary bonus. WMA would be licensed (3-5 years experience) and CSA would be unlicensed with no experience necessary. Any general advice or advice on how to best find candidates would be appreciated.

like
Posting as :
works at
You are currently posting as works at

Can you discuss offline?

If you work at a wire house now, don’t you have a HR department that do the screening of candidates for you, assuming you already got the green light from your branch mgr to hire?

Gotcha. I had success hiring internals in the past. They were mostly young kids that were looking for better opportunities within the firm and reached out to me.

like

This is exactly why I went independent. The fact that you all do $2mil and have to use words like HR and Branch Manager makes my stomach turn. No how no way. Been there done that.

I’m with you I’m close to 2mm myself and also the same issue where I need to hire through HR but don’t like there process. Indy is not for everyone , don’t believe I would have brought in well over100mm in assets this year if I was in an Indy. The brand matters...

likefunny

where are you located

Philadelphia-area.

Related Posts

like

Moelis IB analyst/associate? Pay? Expectations? Interview process?

like

Hi all, I have 2.8 YOE in Backend development(Node.Js)
I have 3 offers which one should accept on the below offer

1) Kore ai(Hydreabard) - 12.5 LPA Fixed
2) Dentsu World Service (Pune) - 13 LPA Fixed
3) DXC Techonlogy (Bangalore) - 15 LPA Fixed

Can you guys please suggest which one should I take based on your experience, It will really helpful me.

like

I am contemplating a new offer for Validation Lead role (non- managerial) at a Big pharma, with 4 years experience -post masters degree. Suggestions on what the compensation should look like ?

like

What's the salary range for JL 4b? (i.e. 4years of exp)
Stream SAP.

like

Hello Fishes..

How is Stefanini for Hikes WLB and pressure.. I've completed three rounds just for screening tech round is still pending different experience compared to other tech companies.. Currently in a product based company one of the best I've seen in my life.. But getting 40% hike in Stefanini should I consider or look for other opportunities

like

What should be Package after 4 years of experience in Service Now and overall IT experience is 4 years.
I am currently in Ireland want to shift in India permanently.
2.6 years Capgemin in India
1.4 years Irish Firm in Ireland

I did my masters too in Ireland
What salary should I except

like

Hi,can someone help me in this . What is going to be the in hand monthly salary after all deductions?Tia!!

Post Photo
like

Hi Fishes ,
I had a HR Discussion after clearing 2 HCL rounds and 2 client interviews . HR is not considering moving above 40% hike no matter whatever I say to justify, the Discussion was like talking to a wall . Any suggestions to get another 10-15% more (first offer)? Will HR reject me stating this reason in HCL ?? FYI- Client and the project team wants to take him in as per their feedback to me and I feel i am the right person for the role too .. 9 years exp -Infra storage domain .

like

Hello All ,

I joined on 14th april . I will get salary this month ?

Thanks

like

USI Insurance brokerage and consulting - thoughts? A recruiter reached out to me via linked in and I was wondering if anyone had any opinions on this company. They seem to have decent reviews on Glassdoor but I was hoping to get more insight into workload and comp. Thanks in advance! USI

like

Just heard today that my project is going to shutdown in October. I am not sure what is going to happen with me since my manager did not say anything yet. Super stressed not sure what to do?

Currently making $100 + upto 10% of bonus at a startup in a canadian startup. Deloitte canada reached out to me. How much should be a decent ask for me to make a switch? (It’s a manager position at deloitte)

I was hoping 130k cad. Should that be a decent ask? Or can I ask more?

I hold a master’s degree with 5+ years of overall exp.

how much package should 8.5yr be getting

What could be the expected ctc at Fidelity International for BA Manager role ? I hv 10.6 yoe and cctc is 27lpa (22 fix) and holding an offer of 33 fix.

Hi All, what does assistant consultant designation related to like senior developer or Team lead? And what would be the base salary slab ? Pls suggest

like

What’s the comp most people cap out at if you dont make partner?

like

What do you think is the better option? Both offers are around the same salary (~100k EUR in Denmark).

Solutions Specialist (security) at Microsoft or Manager in digital solutions (security) at MasterCard? Also in respective of the long term career? I have 2.5 YOE

like

I have joined Infosys 2 weeks back. They have mapped me to a certain project but everyday I am getting calls for the skill sets that don't match to my current skill set. They are telling me to attend client interview and giving me just 1 week of time to prepare for a totally new technology.

Does this commonly happen in Infosys? Infosys

like

More Posts

I was released without cause today but my boss mentioned my battle with mental health and that I’m looking for other jobs before canning me. Should I address this with the board or leave it alone?

like

Can some one refer me for finance transformation role at Deloitte?

like

Any tips/tricks for learning more about the technical side of C-Corps?

I know there’s the Subchapter K book partnership people live by so I was curious if there was anything for us C-Corp specialists.

like

Any suggestions for a good rooftop restaurant with good social distancing restrictions and temperature checks. Couple friend want to celebrate their anniversary and looking to visit from South Jersey.

like

Single and childless but would like kids. High income and maxing out all tax advantaged accounts I can but was thinking of starting a 529 in my own name to be transferred to future kids. If I don’t have kids maybe transfer it to my nephew. Thoughts, pros, cons?

like

Is flipping houses worthwhile? I like decorating and renovating, so I'm thinking that maybe I could go into this and try my luck.

like

How many times do you consider it ok to show the same house to the SAME prospect until he decides to buy it or not?
It's been 4 times so far.

like

What's the salary for an ad with 2 years experience in NYC?

Are most new houses being built with induction cooktop? What has everyone experience been like? I personally had non compatible cookware with induction cooktop and wondering if I should just buy a new cooktop (electric, gas etc).. Other reason is that I read that it's also not healthy due to electromagnetic waves?

like

Housecleaning services?
I’m in midtown west and need a new housecleaner. Looking to pay $100/cleaning. Does anyone have any recommendations for someone who is trustworthy and reliable? I would also need them to do laundry (laundry is one floor above and below me - every other floor in my building).

like

What is the TC range for managers in Accenture's Salesforce practice? Coming in with 4 YOE, 7x SF certs and am currently manager in the Technical Architect team at a boutique SI partner(1000-3000) employees. Thanks for the help! Accenture

likefunny

And technical architects at Salesforce feel pigeon holed? Considering a Senior TA role in CSG, but don’t want to be seen as a one trick pony. Any thoughts?

funny

I’m doing second round interviews with Deloitte but also interviewing with three other companies. If I get an offer from Deloitte, how long can I put off making a decision in order to finish the interview process with the other companies? Is this generally frowned upon?

like

I have received an offer from Deloitte - is there a deadline that I need to accept or decline the offer by?
Still contemplating I’m whether I should accept it or not..

like

I was initially considered for an insights and analytics Manager - experience management opportunity, aced all the interviews and the recruiter got back to me saying they really liked me but are considering me for a Senior Consultant position in order to ‘set me up for success’, and that I could be promoted to manager anywhere within 3 to 6 months..
Not super excited about the ‘drop’ in title, I currently am Sr Mgr of analytics at a Fintech managing a team of 4 FT analysts

like

PwC (Cloud Digital practice — Director ) Vs… Deloitte (AI Cognitive practice— Sr Mgr.) …
Where would you go as an experienced hire….

Better long term stability ? exit opportunities ? Work life ?….

like

For experienced hires, is there any job related technical trainings during the first few weeks?

like

I have “unlimited vacation” at my firm. How much vacation/PTO is given at big law firms that don’t have unlimited?

like

Hi fishes, With a close to 3 years experience in Tata Consultancy Services (tech stack : java j2ee). At max how much CTC can I expect (as fixed) after switching to a service based company ?

like

Anyone into Global Mobility or Workforce Mobility role? What is the entry level pay for this role in India?

like

Additional Posts in Growing the Team

When it is time to hire a new team member? What has worked for you? Online resources like indeed or zip recruiter, local chamber of commerce?

like

Looking for a newer fully licensed (with some training and at least a small book) junior advisor/associate financial advisor to join team. Please message if interested or have lead. Thx

like

I'm looking to add a Branch Office Administrator...anyone have experience with hiring for that position?

Hey! Ive been in banking as Licensed RM, I just need 7 and 65 and I’m looking to move to the securities. I’ve interviewed with AXA and Mutual of Omaha, but I need a recommendation for an entry-level.

I’m thinking of going to Schwab as an Independent. Can anyone tell me what I should be looking at to make my decision easier?

like

Best study guide for CFP?

I’m looking to hire a junior advisor whom is fully licensed and preferably has a book of business in the Plano Texas area. Compensation DOE.. PM if interested.

like

Rockland County, NY. Small independent firm to add a licensed advisor w/ >2 years experience. We have incoming leads in excess of 200 annually that we cannot presently serve. Ask for details.

like

Looking for an assistant for our team. Tampa, Florida. The assistant must be a ninja.

like

Upstate NY (Capital Region): Looking for administrative assistant to join the team - would learn from current admin staff. Looking for 25 hrs/week minimum but more likely full time needed.

like

Looking at making a move to the independent side. Have around $20m in AUM in wealth management with another $85m in retirement plan business. Been looking at Investacorp. Any thoughts?

like

Denver RIA provides platform for Advisors looking to be independent. We custody client accounts at TD and Schwab. Glad to talk to qualified advisors looking to free themselves from the broken dealers.

like

Anyone here currently in or looking to make the transition to a client service associate or paraplanner role? Hiring in NYC- please respond to this post

RIA located in Hauppauge, NY is looking for an administrative assistant. Preference given to those with RIA experience. Let me know if you would like to have a conversation .

like

Looking for a FA preferably a CFP to join our team in Columbus Ohio.

like

Thinking of hiring a paraplanner in the San Diego area with long term growth potential/practice ownership stake. Any ideas on how to go about finding the right person? Anyone have a para?

Older, successsful FAs: How do you suggest a younger female in the business approach you and talk about joining your team? What areas do advisors like you need help with?

like

Actively seeking growth-driven Advisers in NY and across the U.S. in one of our eleven branches. If you’re an Independent IAR or a brokerage/wire house Producer desiring positive change, reach me.

like

Looking for adding a junior advisor with 20-50mm AUM to become eventual partner if the right person and merge into a larger $130mm firm in Atlanta, GA or in Southeast.
Call 678994-6448 ask for James

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal