Practices willing to pay $20-30k premium for completed PY advisers
Advice practices have become more willing to take on professional year candidates over the past couple of years, but without a clear career pathway plan have found themselves struggling to retain those advisers once their PY is completed, according to a recruiter. Those same firms are instead eschewing the risk of putting candidates through the PY and are instead back to headhunting advisers who can generate instant revenue.
Remuneration