How to Hire, Train, and Retain the Next Generation of Talent- S23OD-Slides-How to Hire, Train and Retain Advisors New Talent

Slides-How to Hire, Train and Retain Advisors New Talent

Pdf Summary

This document provides insights and tips on how to hire, train, and retain advisors from diverse backgrounds. The authors suggest starting by determining the specific tasks and roles the advisor will be responsible for and assigning a dollar value to each task. This helps in creating a comprehensive job description. To find candidates, the authors recommend using various job boards such as CFP.net, New Planner Recruiting, and Simply Paraplanner, as well as local universities and student associations. The authors also highlight the importance of attracting top talent by offering growth opportunities, mentorship, and technology or education budgets. The document emphasizes the significance of onboarding and retention strategies, such as offering floating holidays and being aware of dietary restrictions. It also suggests implementing a quarterly check-in cycle to assess the progress and performance of new team members. The authors provide technology recommendations, such as using a password manager and online file storage, and suggest recording tasks on Zoom for training purposes. The document concludes by sharing best practices from the BLX Internship Program, including assigning an intern buddy, conducting capstone projects, and offering a 90-day trial period. Additionally, it highlights the benefits of virtual help and suggests utilizing resources like the NAPFA Diversity Toolkit and NAPFA Certificate Program.

Keywords

hiring advisors

diverse backgrounds

job description

candidate search

growth opportunities

mentorship

retention strategies

technology recommendations

training purposes

virtual help