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Building a ‘destination workplace’ in financial advice

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Manage episode 493484792 series 2512387
Content provided by The ifa Show and Momentum Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The ifa Show and Momentum Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of The ifa Show, host Keith Ford is joined by Corey Wastle, CEO of Verse Wealth, to take a deep dive into strategies for attracting and retaining top talent in financial advice, particularly given the shrinking talent pool.

Wastle emphasises the importance of becoming a “destination workplace” where the best people want to work – which requires cultivating a strong culture, focusing on employee autonomy and growth, and being transparent throughout the hiring and employment process.

Listen as they discuss:

  • The value of implementing tools like cultural interviews, psychometric testing, and knowledge assessments in the hiring process.
  • The importance of supporting career progression and development for all team members.
  • Why advice firms shouldn’t consider remuneration a taboo topic.
  • What to expect from trends within the advice sector, such as firm consolidation and equity partnerships.
  continue reading

294 episodes

Artwork
iconShare
 
Manage episode 493484792 series 2512387
Content provided by The ifa Show and Momentum Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The ifa Show and Momentum Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of The ifa Show, host Keith Ford is joined by Corey Wastle, CEO of Verse Wealth, to take a deep dive into strategies for attracting and retaining top talent in financial advice, particularly given the shrinking talent pool.

Wastle emphasises the importance of becoming a “destination workplace” where the best people want to work – which requires cultivating a strong culture, focusing on employee autonomy and growth, and being transparent throughout the hiring and employment process.

Listen as they discuss:

  • The value of implementing tools like cultural interviews, psychometric testing, and knowledge assessments in the hiring process.
  • The importance of supporting career progression and development for all team members.
  • Why advice firms shouldn’t consider remuneration a taboo topic.
  • What to expect from trends within the advice sector, such as firm consolidation and equity partnerships.
  continue reading

294 episodes

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