Building a ‘destination workplace’ in financial advice

In this episode of The ifa Show, host Keith Ford is joined by Corey Wastle, CEO of Verse Wealth, to take a deep dive into strategies for attracting and retaining top talent in financial advice, particularly given the shrinking talent pool.

Wastle emphasises the importance of becoming a “destination workplace” where the best people want to work – which requires cultivating a strong culture, focusing on employee autonomy and growth, and being transparent throughout the hiring and employment process.

Listen as they discuss:

• The value of implementing tools like cultural interviews, psychometric testing, and knowledge assessments in the hiring process.
• The importance of supporting career progression and development for all team members.
• Why advice firms shouldn’t consider remuneration a taboo topic.
• What to expect from trends within the advice sector, such as firm consolidation and equity partnerships.