It is now a little easier to look for advisors to find a new job — and recruiters to find them.
The Financial Planning Association has revamped its job board with more listings for advisors and new tools for job-seekers, employers and headhunters.
“We saw a need to improve the service,” says Ryanne Harrah, an FPA spokeswoman, in an email.
The
On the new site, firms can customize their job listings with videos, company profile pages and ads on the main page that link to their listing. The options add $525 monthly to the company’s job listings, where a single listing starts at $250 for 30 days.
The ads and videos have a potentially large audience. Nearly 27,000 advisors — nearly one in 11 — switched firms in 2018, according to Cerulli Associates.
Advisors on the move can upload their resume for employers to search. For a fee, they can receive career coaching, reference checking and resume writing help.
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Sherry Delaney Deke, CFO of New Market Wealth Management in Costa Mesa, California, says the firm often looks to job boards, including those of local universities, "because recruiters can be quite expensive." She expects New Market will look at the FPA job board when the firm has its next vacancy.
The redesigned board does not aim to compete with other job boards or networking services like RIA Match, Indeed.com or even LinkedIn, says Harrah. It is intended for a wide range of financial planners: from advisors at banks and wirehouses who want to go independent, to advisers who are already on their own.
The job board currently has
In addition to the FPA's job board, advisors can look for opportunities on sites including:
