More financial-adviser recruits are offered path to partnership

10/9/2011 | InvestmentNews (free registration)

Financial firms are increasingly offering new financial advisers a career path that leads to partnership, said advisers at a compensation and staffing workshop conducted by IN Adviser Solutions. The tactic is part of a shift away from recruiting experienced financial advisers who can bring clients with them, in favor of less-experienced advisers who can be trained to pursue a firm's approach to business, they said.

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