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RJ & Makay is North America’s top recruiting and human capital consulting firm exclusively devoted to the financial services industry. We have more than 100 financial industry recruiting specialists providing “human capital for the capital markets.” RJ & Makay works on a retainer basis but does selected contingency and contract work, as well.
About half of the financial services firms in the Fortune Top 100 utilize RJ & Makay for their recruiting needs. We represent top tier boutiques and highly respected mid-size and large firms as well.
Diversity just isn’t a buzz word at RJ & Makay, it is our very culture. Over 75% of our RJ & Makay professionals are female, a minority, or both.
Be sure to check out our blog , for the latest analysis of news and trends in the Financial Services Industry. |
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With unemployment over 9.0%, the competition is fierce for job openings. With 500,000 losing their jobs each month jobseekers are stressed about competing for relatively few available positions. If you’re a jobseeker, looking for ways to differentiate yourself is critical.
A hot new trend becoming jobseekers’ new friend is eCompliments, http://www.ecompliments.com. This new online review and social networking site provides a central place and process for the references, testimonials, recommendations and compliments made about you to be showcased.
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Morgan Stanley and Smith Barney completed their joint venture to become Morgan Stanley Smith Barney (MSSB). This creates the largest wealth management firm with 18,500 financial advisors, 6.8 million client households, 1,000 branch offices worldwide and more than a third of Registered Rep’s Top 100 Wirehouse Advisor List.
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Morgan Stanley/Smith Barney reeled in some very impressive FA’s in the month of May. For the last month leading into the JV RJ & Makay placed 20 FAs wanting to be apart of this new powerhouse.
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Due to the current supply-and-demand situation, many companies and recruiting firms are cutting back on advertising job openings on job boards. Because supply (qualified candidates) far out numbers demand (open positions), companies and recruiting firms are receiving many more resumes than they have open positions to fill; therefore, reducing the need (and expense) for job board ads.
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There has been a lot of talk lately in the news about retention awards given to financial advisors. With all of the public misperceptions on this issue, we thought we would throw in our two cents.
When a brokerage firm is purchased by another firm, it is customary (and many would argue necessary) to provide the financial advisors a retention award for staying at the new company. There are several reasons why this practice has been viewed as necessary in the industry.
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