Perspective

Hiring fundamentals: Five focus areas to help you attract talent

Insights to help firms assess and enhance their talent acquisition strategy.

Key Takeaways

There’s an impending talent crisis in the financial services industry.
The wealth management profession needs to evolve its approach to attracting, developing, and retaining talent—and be intentional in the pursuit of change—in order to remain competitive in the marketplace.
To develop an intentional talent acquisition strategy, firms may want to focus in these five areas:
- Establish a compelling and clear value proposition
- Source talent from diverse pools
- Enhance recruiting and interviewing practices
- Attract next-generation talent from colleges
- Cultivate culture to create a destination firm

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