Huge Financial Services Growth Expected in 2022
Paul Harper, Managing Director
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We've had a very busy summer, and as we move into autumn, most of our clients seem firmly focused on getting the right team members in place for next year. When the market feels optimistic, planning starts early, and that's certainly where we are at the moment.
We're seeing very high demand for financial services staff at all levels. At the highest level, there's clearly been a lot of focus on Director level appointments. With so many new players entering the market, and so many existing players getting extra funding to grow, the need for Directors who fully understand the Wealth and Financial Planning market seems to be at an all time high.
Over the past 18 months, we've extended our expertise. While we're probably most associated with securing Sales Directors, Wealth Managers, and Financial Planners, the past few months have seen us completing CFO, Compliance Director, and Operation Director assignments, as our clients recognise our specialist sector doesn't just need functional knowledge, but also specific sector knowledge if a company is to achieve its growth plans.
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With so many Financial Services businesses seeking growth, it's not surprising that we're completing more assignments than ever before, and we're busier than ever.
You might be aware that we launched Financial Planner Plus at the end of 2019, and our Handpicked service, an affordable search solution for senior Financial Services professional at the start of 2021. We've had tremendous level of interest in this as people realise they can no longer leave this type of senior specialist recruitment to chance.
Also, at the start of 2021, we added IT recruitment to our specialisms, something else which has been well received by our clients.
Finally, on the M&A scene, we've never been busier. If you're thinking the time has come to sell your business, please get in touch.
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Lessons we can learn from History
John Biggs, Chair
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Those of you old enough to remember might be thinking that fuel shortages and inflation were a nightmare in the 1970’s and the current scenario looks very familiar. Things were made worse in the 70’s by militant trade unions, which seems less of a threat now but we have a pandemic to contend with. So what can we learn from history and the current potential effect on the Financial Services industry in the UK?
Well we all recognise that the landscape is changing rapidly in Financial Services and with potential threats to the status quo from Amazon and Co, no doubt it will change substantially in the next decade. Challenger companies with no legacy to wrestle with will have smaller numbers of talented staff and aim for greater revenues than traditional businesses and some will succeed.
So with all this going on, the way to give your business the very best chance of success over the next decade is to select from the very best. Make sure your shortlist for any senior role contains talent that really excites you – perhaps we can help ?
Let’s create history together.
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COMING SOON...
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