Career moves

Recruiting is likely to accelerate as the pandemic abates, writes Mark Elzweig.

The IBD network had been preparing for disruption, CEO Adam Antoniades says, and it has the financial flexibility it needs to boost financial advisors’ practices.

In just two days, technology and remote staff helped ex-Wells Fargo FAs managing $281 million open client accounts at their new employer.

“This virtual program will fill a major a hole left by internship cancellations,” says FPA President Martin Seay.

Advisors who switch firms during the pandemic have tough (virtual) conversations with clients in store.

The appointment comes as part of an equity investment by FTV Capital to expand the footprint of the company formerly owned by RCS Capital.

The firm recruited only slightly fewer advisors than the year-ago period in very difficult economic conditions.

Both men started their careers as financial advisors before moving into leadership.

XY Planning Network says about 250 students and 50 firms have responded to a new virtual internship program it launched to fill the gap.

The firm is hosting virtual meetings with prospective hire as it seeks to further its growth.