IFA: Building a ‘destination workplace’ in financial advice
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IFA: Building a ‘destination workplace’ in financial advice
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In this episode of The ifa Show, host Keith Ford is joined by Corey Wastle, CEO of Verse Wealth, to take a deep dive into strategies for attracting and retaining top talent in financial advice, particularly given the shrinking talent pool.
Wastle emphasises the importance of becoming a “destination workplace” where the best people want to work – which requires cultivating a strong culture, focusing on employee autonomy and growth, and being transparent throughout the hiring and employment process.
Listen as they discuss:
- The value of implementing tools like cultural interviews, psychometric testing, and knowledge assessments in the hiring process.
- The importance of supporting career progression and development for all team members.
- Why advice firms shouldn’t consider remuneration a taboo topic.
- What to expect from trends within the advice sector, such as firm consolidation and equity partnerships.
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