One shift in distribution strategy the financial crisis has caused, which fund sales directors should take note of, is that banks are looking far more attractive to a variety of advisers and more are hiring top talent.

As the industry consolidates, many more bank and wirehouse brokers are on the move, especially those dislocated by big mergers. According to, domestic openings for advisers listed on the site have remained level since September, at about 2,000. But hits to the site from advisers looking for new jobs have tripled during the same period, to 84,275.

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