In this episode of Talk FS, Ryan Venner engages with Adrian Watson, a seasoned expert in financial recruitment, to explore the current landscape of the financial planning market. They discuss the challenges faced in recruitment, the impact of economic factors such as cost of living and interest rates, and the evolving dynamics between employed and self-employed financial advisors. Adrian shares insights on the importance of salary benchmarking, the demand for support staff, and the significance of aligning values in recruitment. The conversation also touches on the hesitancy among candidates and the role of recruiters in guiding individuals through their career journeys, emphasising the need for adaptability in a changing market.
Key takeaways from this episode:
- The financial planning market has faced significant challenges in recruitment.
- Economic factors like cost of living and interest rates impact candidate decisions.
- Candidates are increasingly seeking reassurance about their compensation packages.
- Salary benchmarking has become a critical focus for both candidates and companies.
- The demand for experienced support staff has surged post-Consumer Duty.
- There is a notable shift towards employed positions in financial advisory roles.
- Self-employed advisors prioritize alignment with company values over just financial splits.
- Recruiters play a vital role in matching candidates with the right opportunities.
- Job seekers should be open-minded and conduct thorough research before interviews.
- Continuous learning and adaptability are essential in the recruitment landscape.
Contact Us:
💬 https://www.linkedin.com/in/ryanvenner/
Adrian Watson:
💬 https://www.linkedin.com/in/adrian-watson-84265214/
📞 07828 570200
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