The competitors for brand new and skilled people within the RIA channel is at an all-time excessive. Staff of RIAs have extra choices and alternatives than ever earlier than—requiring leaders of RIA corporations to be acutely centered on the administration of human capital, compensation, advantages and retention.
On this episode of RIA Edge, Mark Bruno, managing director at Informa Wealth Administration, speaks with Brandon Kawal, principal of Advisor Development Methods, on the keys to attracting, creating and retaining key expertise within the RIA trade.
Particularly, Mark and Brandon focus on:
- How quiet quitting has impacted the RIA trade;
- What can enterprise house owners do to extend worker retention and satisfaction ranges;
- The place RIAs can supply new expertise for brand new roles; and
- How RIAs are reimagining compensation, advantages and rewards