Cash (Flow) Is King – What Employers Are Currently Looking For In Financial Advisers
Financial advisers who can bring clients with them or demonstrate a strong track record of new business generation are top of the short-list for employers. Businesses looking to recruit new financial advisers during challenging economic times want to reduce risk and be rewarded with immediate results.
Common questions employers ask of new financial advice hires
- Are they currently registered to provide financial advice?
- Do they have their own referral network?
- Can they consistently bring in revenue and attract new clients?
- Have they passed the new FASEA standards (exam and ethics subject), if not, when will they?
- How comfortable are they with technology?
Diversity is still a key factor for employers especially around gender, as the industry remains male-dominated.
How candidates can stand out in a competitive job market
Candidates need to bring their A-Game to every job application. Holding your Certified Financial Planner qualification or Masters of Financial Planning may not be enough to differentiate your application without providing your best achievements.
We recommend taking the time to refine and format your resume so that your top achievements stand out and to ask yourself the following:
- What can you offer that is of value to an employer for the role you are applying for?
- What are your top career achievements that are relevant to the role?
- Can you generate revenue or bring across a book of clients?
- Are your relevant qualifications and FASEA education standards clearly articulated in your resume?
We are seeing a growing backlog of recruitment needs that will be progressively released to the market as the COVID-19 government restrictions ease. It is crucial to ensure candidates position themselves to benefit from this.
If you are considering a career move or looking to recruit in financial advice, please feel welcome to get in touch simon@kaizenrecruitment.com.au or +61 0431 634 291
Regards
Simon
Simon Gvalda – Recuitment Consultant
Kaizen Recruitment specialises financial services recruitment across funds management, wealth management, superannuation, investment consulting and insurance. We are based in Melbourne and Sydney. For assistance or further information please telephone our office at +61 3 9095 7157 or submit an online form.
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