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RJ & Makay

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


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Posted by: Darin Manis in Untagged  on

You can now follow RJ & Makay on Twitter.

We are posting selected brand new positions as soon as we get them, important recruiting and finance industry news, and jobseeker tips and advice. Follow us at twitter.com/rjandmakay or user name @rjandmakay.

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With an unemployment rate at 9.4% (and a true unemployment rate much higher) the competition for open positions is the highest it has been in most of the working force’s adult lifetimes. Because of this, most, in fact, nearly all of the jobseekers don’t know how to effectively compete.

The markets are a buzz about today’s unemployment report. The Labor Department reported that 247,000 jobs were lost in July which is lower than the 320,000 many economist were predicting. This brings the unemployment rate down from 9.5% to 9.4%.

Have Merrill Lynch and Smith Barney Traded Places?

Posted by: Darin Manis in Untagged  on

The new Merrill Lynch is looking a lot like the old Smith Barney. Run by a behemoth bank with a different culture and led by Sallie Krawcheck. The new Smith Barney (now Morgan Stanley Smith Barney) is looking a lot like the old Merrill Lynch. Broker centric culture running outside the constraints of big bank bureaucracy run by James Gorman.

Morgan Stanley Smith Barney Best Positioned for Growth

Posted by: Darin Manis in Untagged  on

It has now been two months since the joint venture between Morgan Stanley and Smith Barney was finalized (June 1st). This mega brokerage firm with 18,500 Financial Advisors now represents a third of the top 100 Financial Advisors in the country.

Hot New Resume Trend is Jobseeker's New Friend

Posted by: Darin Manis in Untagged  on

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.


The New Powerhouse in Wealth Management

Posted by: Dave Wilson in Untagged  on

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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