Insights: Advisor Recruiting
Learn how to navigate market challenges and quickly connect with advisors in today's digital world.
Source: Discovery Data October 2020. Using over a decade of historical information encompassing 100 billion data points, 70,000 firms and 4 million professionals, MarketSage provides actionable intelligence on the financial services and insurance industries within a simple-to-use, powerful, cloud-based data platform.
Rep Movement Insights
Though we cannot say for certain how rep movement will be affected in a post-coronavirus market, we can focus on what we do know to make informed decisions now:
- Following the 2008 market crash, the number of rep moves was at a historic high.
- Today advisors are more open to taking recruiter calls and interact more frequently with digital marketing.
- Recruiters that have the resources to advance their technology and deliver the right messaging will have the best opportunity to connect with advisors and recruit the top talent. These firms will be best positioned to attract the most talent once the coronavirus-related slowdown is over.
- Are you prepared for the upcoming rebound in rep movement? We can help. Discovery Data's recruiting services increase brand awareness and drive incoming leads through our custom research and analytics and multi-channel marketing programs.
- MarketSage provides additional key insights on rep moves. Contact us to learn more.
Ready to quickly connect with advisors?
With MarketPro recruiters are equipped with a targeted list of candidates for their sales and marketing communications so they can make effective use of their time. There are hundreds of data fields and segmentation capabilities available, along with business and personal contact information.
• Contact Information
• Years at Current Firm
• Years of Experience
• Employment History
• Firm Type (i.e. independent vs. wirehouse)
• Advisor Teams
• Miles to Work
• Advisor Success Level
• Social Media Profiles (i.e. LinkedIn)
While many work phones are now forwarding to personal devices, recruiters have found that using a combination of business and home contact information allows them to connect quicker with advisors in today’s remote work environment.
Digital Recruiting Campaigns
Discovery Data’s strategic marketing team partners with you to build and execute initiatives across multiple channels, using the most accurate, actionable industry data.
Explore how MarketReach delivers data-driven insights, marketing impact, and revenue growth.
A 2020 telerecruitment campaign we conducted on behalf of a client resulted in a 147% increase in leads in 20% less dials compared to a similar campaign we conducted for them in 2019.