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April 15, 2009

Professional Decisions
What to Do as Recruiting Bubble Pops
By Attorney Steven Insel
This is the fifth installment in an ongoing series for financial advisers evaluating recruiting and retention packages, setting up their own fee only advisory firms or joining independent broker-dealer and/or advisory firms; it is written by Steven Insel, who has represented hundreds of the top financial advisers in the United States. more…
Compensation
Retention Plans, Bonuses and Your Future
By Executive Recruiter Mark Elzweig
Should you leave a firm if you don't get a bonus? Or even if you do get a bonus, is it worth staying? Read on to learn how veteran recruiter Mark Elzweig – president of Mark Elzweig Company, executive search consultants – believes advisors can best evaluate these critical questions. more…
Interview
Five Questions for the Top Recruiter
By Managing Editor Janet Levaux
To help it grow its advisor force 9 percent this year, Edward Jones has developed an enhanced transition package for successful financial advisors who join the firm, says Phill Leathers. As of December 31, 2008, the St. Louis-based broker-dealer had 12,155 financial advisors – including some in Britain and Canada. more…
Employment
Not Good, But It's Been Worse
By Jeff Testerman of BrokerHunter.com
In comparison to today's drop, the post-"bubble" and 9/11 recession from March 2001 through October 2003 saw a contraction of nearly 11 percent, or 90,000 jobs. Though the current pullback is painful for the securities industry, it hasn't gotten that bad, fortunately. (Still, be sure to get ready for the April 29 Virtual Career Fair!) more…

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