IFAs can learn best practice during the upturn from advisers who lost, then regained, jobs during the recession, says an industry recruiter.
A history of seeking referrals, professional connections and other marketing avenues, demonstrates an ability to actively bring a firm income, says director of Exchange Street Andy Taylor. Advisers who engage in these "self-generating" activities are seen as less financially risky by future employers, a key factor during the peak redundancy period of Q2 2009, says Taylor. "Certainly our experience would show advisers who admit their reluctance to get involved in self-generation are more difficult to place, especially in an increasingly competitive marketplace with increasingly aware c...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes