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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.


Financial sector recruiting firm RJ & Makay is capitalizing on the success of their  recruitment video to Merrill Lynch financial advisors by launching a sequel. The videos are on pace to recruit away more than a billion dollars in assets from brokerage firms in the 4th quarter this year.

The newest video was released on Thursday. It targets all financial advisors but specifically appeals to Merrill Lynch (MER) and Wachovia (WB)  financial advisors who are deciding between a retention package and a transition package (among other considerations).


Merrill Lynch advisors received their long awaited retention package from new owner Bank of America. The reaction is mixed.  Advisors doing over $1.75 million in individual production is where Merrill/BofA drew the line for their best deal. Advisors doing under that didn’t fare as well. RJ & Makay recruiters worked through the weekend to handle the volume.


RJ & Makay CEO Darin Manis gives 5 reasons why he doesn’t believe Merrill Lynch (MER) advisors should be expecting much when it comes to their pending retention deals from Bank of America (BAC).

In this highly competitive job market, hiring managers, recruiters and HR are overwhelmed with candidates’ resumes.  While we would like to think that each resume will be thoroughly reviewed, printed out and truly READ, the cold reality is that every resume will first  be scanned by software, with those having the relevant keywords then given a 20 second review at best.


A press release from MarketWatch.com:

DENVER, Oct 15, 2008 /PRNewswire via COMTEX/ -- Wachovia (WB) was forced into a shotgun wedding with Citigroup (C) and then before the honeymoon started reneged for another forced marriage with Wells Fargo (WFC) .

"This isn't just a shotgun wedding between Wachovia and Wells Fargo. It's a marriage of three firms at least. Its corporate polygamy," says RJ & Makay CEO Darin Manis. "You have a marriage of Wachovia and all its parts, AG Edwards and Wells Fargo. No one likes a shotgun wedding. A shotgun polygamous wedding is even worse."


The Seven Topics to NEVER Discuss in an Interview

Posted by: Darin Manis in Untagged  on

It hasn't been this competitive in the job market in a long while.  Be careful when you are interviewing to not get too casual.  Many job seekers over do it when it comes to being "personable" in an interview.  They either start, or completely allow themselves, to get sucked in to a no-win-topic conversation.  Never lose sight of the purpose of your interview, and be mindful of the topics you bring up when you are trying to be "personable."

Here are 7 topics that should be avoided at all costs when you are in an interview. They range from taboo to tabloid to a terrible lack of common sense.


From an external press release:

The job market is flooded with financial resumes. There are simply not enough positions coming available anytime soon to stem the mass exodus of jobs. That is unless you are a woman that is interested in becoming a Financial Advisor.


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