Wall Street Focuses on Rookie Advisors to Ramp Up Fee Based Business

Jennie Church-Cooper

 

The old saw says you can’t teach an old dog new tricks.

Wirehouses have been doing just that for the past decade with mixed success. Now they are taking a new tack: Training rookies to think of themselves primarily as fee-based advisors.

Click here to learn more about the bet that major wirehouses are making.

Photo:Kevin McShane

About Mark Elzweig

I am an executive search recruiter with an inside track on financial advisors, the asset management industry, and Wall Street. My work has appeared in numerous publications including On Wall Street,AdvisorOne, and Fund Fire. Journalists regularly seek me out, so you catch my bon mots in The Wall Street Journal, Research Magazine, Reuters, and more. You can follow me on Twitter @elzweig or you can reach me directly at 212-685-7070 or elzweig@elzweig.com.
This entry was posted in financial advisors, Recruitment, Uncategorized and tagged , , . Bookmark the permalink.

2 Responses to Wall Street Focuses on Rookie Advisors to Ramp Up Fee Based Business

  1. mking41 says:

    Mark,Good article .

    Sent from my iPhone

    >

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