Exposing Interns And New Hires First Off To The Meat Of The Business Grooms Them Well To Become Associate Advisors Hot
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Firms at the forefront are even helping interns and hew hires assess their greatest talents for the business. They are assessing compatibility with firm culture.
This offers a comfort level for interns and new hires as well as for the senior advisors for whom they will be working.
Interns at some firms are groomed to become associate advisors. They are not involved in business development but they sit in on investment committee meetings and help prepare for upcoming client meetings.
Although everyone makes mistakes, they can be costly and interns and new hires are more vulnerable since they are new to the business. That may be why they traditionally have been relegated to clerical work.
Assessing talents, mentoring their development, and developing authenticity and straightforwardness can prepare new hires for the rigors of the business, help ensure their success, and make them a valuable part of a successful advisor team.
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