Thursday, January 22, 2009

Citi, Merrill, BoA, etc....????

So many of you are probably seriously evaluating where you currently work while simultaneously evaluating offers from competitor firms.

Here is our (my) advice....do your best to evaluate competitor firms from the eyes of your clients. Axiom is intimately involved in the current "recruiting" landscape, yet we have only seen (1) advisor group over the last six months truly make a transition decision based solely on "the best interests of the client".

We know it is very difficult to do given the amounts of money being thrown around for solid producers and teams. But do your best to think like a client as you evaluate offers, new office space, trips to NY and the like.

You will be better for it.

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