Most, if not all wealth managers have heard the expression, "This is a people business." It's true; the business of providing financial advice and wealth management solutions is about people, and personal relationships may be the only element of our business that cannot be commoditized.

Yet if that's the case, then the most important investment a wealth management firm can make is in its people. To thrive over the long term, firms must be able to attract and land great talent.

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