RJ and Makay

UBS Wealth Management Americas is adding a dose of new talent to its financial advisor teams this week, with the revival and revamping of a financial advisor training program that was on hold for almost two years.  Members of the firm say that approximately 150 rookies across the country are participating, with most new hires coming from the top 15 markets such as New York, Chicago and other big metro areas and wealth centers selected through expansion efforts implemented by brokerage chief Robert MacCann.

Lately, there has been a great amount of news about the upswing in hiring on the Street. While unemployment and job creation continue to remain sluggish nationwide, the financial services sector is starting to feel “bullish” about hiring again. At RJ & Makay we’re seeing cautious optimism throughout the industry regarding human capital hiring trends. We’re seeing first hand a steady increase in job orders this year, and a substantial jump in Q2 quantity over Q1.

News abounds in recent months regarding financial services hiring. Securities firms added almost 7,000 jobs in June according to BrokerHunter.com’s latest Employment Trends report. The finance and insurance industry added 15,200 new employees in June, the first increase since December. The New York State Department of Labor shows that New York just had the largest three-month increase in financial industry jobs (6,800) since 2008.