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For firms looking to thrive, embracing the advisory board model could be the key to unlocking sustainable growth, client satisfaction, and industry leadership.
If you always thought you were “happy” right where you are- we can help you discover what “happier” can look like.
Succession planning for an aging workforce is vital for banks. Banks can mitigate the impact of baby boomer retirements by focusing on succession planning, mentoring, and flexible retirement solutions and ensure continued success in the competitive financial landscape.
Many banks are losing out on top candidates due to outdated and frustrating hiring processes. You need to make changes if you want to attract top talent.
Creating an environment where women can thrive in executive roles requires a multi-faceted approach. From flexible work schedules and inclusive hiring practices to mentorship programs and workplace culture improvements, companies need to be proactive in their efforts if they want more women executives.
While it’s unlikely that most of us will reach the $10 million mark like the executives listed above, with the right moves, it’s entirely possible to boost your compensation package in commercial banking.
A well-structured onboarding process benefits advisors and enhances client satisfaction and loyalty. This, in turn, drives the firm's overall success.
Attracting the best commercial banking portfolio managers involves building a strong employer brand, offering competitive compensation, providing clear career paths, emphasizing work-life balance, and sharing success stories.
Hybrid work isn't just a trend—it's the new normal in the banking industry. Banks may need to rethink how they operate to meet their employees' changing expectations. The rise of hybrid work presents challenges and opportunities, and how banks respond could determine their future success.
Compensation packages reflect individual performance and are also closely tied to the institution's financial health, regulatory requirements, and broader economic trends.
Attracting top-tier client advisors is essential for distinguishing your firm and achieving long-term success. The best advisors bring expertise, valuable networks, and a deep understanding of client needs. Here's a strategic approach to help you attract these high-caliber professionals.
Finding the right candidate goes beyond assessing experience, skills, and qualifications. To truly gauge a candidate's suitability for your team, it's crucial to delve deeper into their character and potential. Traditional interview questions often fall short in revealing these aspects. That's where unconventional questions come in—they can uncover unique insights into a candidate's personality and professional outlook.