Barbara Herman Quoted
By Susan Konig
A looming advisor shortage and a limited pool of prospects means retaining advisors is the top job for many managers. Here’s how to spot, and keep, talent on the brink of jumping ship.
“Generous retention packages and strong deferred compensation plans have been incredibly effective in keeping advisors in their seats. However, as these golden handcuffs move closer to being forgiven or vesting in the coming months, advisors themselves expect to see significant movement among their peers,” says Barbara Herman, a recruiter with Diamond Consultants.
