When hiring for your wealth management business, it’s easy to focus on candidates who already have experience in financial advice.
But students, graduates and career changers can all bring valuable skills and potential to your team. The right choice depends on your business, the role and what you're looking for in a candidate.
Students: Build Future Talent
Hiring students gives you the opportunity to develop emerging talent early in their careers.
Students studying finance, business or financial planning may already have relevant knowledge they're ready to put into practice. With the right support, you can help them build practical skills aligned with your business.
Best for: Businesses looking to invest in future talent and support someone at the beginning of their career.
Graduates: Turn Knowledge into Experience
Graduates are ready to take what they've learned into the workplace. They may bring relevant qualifications, fresh perspectives and a strong motivation to develop their skills.
Entry-level roles in paraplanning, adviser support and client services can provide a starting point for graduates to build their careers in financial advice.
Best for: Businesses looking for emerging professionals ready to learn and develop on the job.
Career Changers: Look Beyond the CV
Not everyone enters financial advice straight from study. Career changers can bring transferable skills from backgrounds such as customer service, sales, banking, hospitality and administration.
Communication, relationship-building and problem-solving skills can all be valuable in financial advice, even when someone hasn't worked in the profession before.
Best for: Businesses looking for different perspectives and skills gained through previous work experience.
Who Is the Right Fit for Your Business?
There's no one-size-fits-all answer. Consider the role, the training you can provide and the skills your team needs.
Looking beyond previous experience in financial advice can help you discover candidates with the potential to become valuable members of your team.
Find Your Next Hire with Striver
Striver connects wealth management businesses with students, graduates and career changers looking to build a career in financial advice.
Looking for your next hire? Explore Striver to discover emerging talent for your business.
