RJ & Makay CEO Says ‘Big Demand for Women Financial Advisors on Wall Street and Main Street’

PRLog (Press Release) – Oct 01, 2008 – Denver, CO— RJ & Makay CEO Darin Manis says, “Financial firms need more women advisors. The financial firm that can win the talent wars for the best women advisors will have a critical competitive advantage in gathering assets now and even more so in the future.”

Finding positions or specialties in high demand in the financial sector these days is difficult. Bloomberg News says job cuts by banks and securities firms have reached 120,910 since July 2007.

With pending cuts coming from the Merrill Lynch (MER)and Bank of America (BAC) merger and expected cuts from Wachovia (WB), there are simply not enough positions coming available anytime soon to stem the mass exodus of jobs. That is unless you are a woman who is interested in becoming a Financial Advisor.

“If you are a qualified woman with a desire to help people retain, grow and help manage their wealth then financial firms are eager to speak with you,” says RJ & Makay Director Cindy Waliczek. “There is a big demand for women advisors. The demand far exceeds the supply right now.”

Waliczek says, “My division at RJ & Makay is focused on helping people who are not financial advisors become one. I have a team of 48 recruiters and researchers of which 72% happen to be women and we still can’t fill all of the demand for women FAs that RJ & Makay clients will hire.”

Even with a consolidation of financial firms and the current evolving financial industry environment many brokerage firms are aggressively hiring women financial advisors.

Waliczek explains, “Only 20% of financial advisors are women. 60% of the wealth in the U.S., will be controlled by women by 2010. Add to this that most women prefer to work with woman advisors and you have a perfect storm of opportunities for women.”

“The average women financial advisors at the firms we represent make six figures, have a great benefits package and take great vacations. After the first few years of growing pains it is a great career that offers a lot of flexibility, freedom and rewards,” says RJ Makay’s Waliczek.


About RJ & Makay
RJ & Makay is a leading human capital recruiting and consulting firm exclusively servicing the financial sector. About half of the financial firms in the Fortune Top 100 utilize RJ & Makay. For more info visit www.rjandmakay.com.

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Media Contact for RJ and Makay: For more information about RJ & Makay or to arrange an interview with CEO Darin Manis contact Scott Lorenz of Westwind Communications at 734-667-2090.