What is the process in use in recruiting financial planning staff?
The best way to find new planners is to look for young people who are well qualified and part the way through a CFP designation. We might also appoint a paraplanner to work under the guidance of a senior adviser and progress until they became a consultant in their own right. This process could be two to three years. ord=’20091203111801?’; document.write(”); Planners could also start off in a support role and these would be undergraduates who work for a year throughout their tertiary course. Ideally it would be a DFP type course or otherwise a finance or business course. I think it can be difficult to find financial planners. It’s more difficult for an older person, who for example might have a banking and finance background, to break in. Although they might be very qualified they don’t have the experience in the financial planning industry. We would choose to go for a younger person who is energetic and we can develop them in our environment and with our compliance standards. Neil McK
