Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Resnik joins Abacus in recruiting venture

wealth-management/joint-venture/recruitment/financial-services-industry/

1 February 2002
| By Lachlan Gilbert |

Paul Resnik Consulting Group (PCRG) andAbacus Leading Solutionshave launched a joint venture in recruitment specialising in the wealth management area of the industry, which will appear under the Abacus name.

The joint venture brings together Paul Resnik’s consulting and conference organising skills and knowledge base and Toby Marshall’s Abacus business specialising in filling executive and technical positions in the financial services industry.

The new alliance believes the business is unique in that the consultants working in the venture will be working extensively in the broad industry of wealth management and understanding its specific needs and problems.

Marshall says there are groups already recruiting heavily in the area of wealth management, but don’t really have the necessary expertise and concept of strategy in this market, only having a peripheral knowledge. For Abacus, that’s where Paul Resnik steps in.

“Paul’s an expert in retail and managed funds, which has always been an area of the industry that’s hard to recruit for,” Marshall says.

“The hardest part is finding what you really need, where and how to find them — that’s where the double expertise comes in.”

Marshall will be operating the joint venture from the Abacus offices, while PCRG will provide strategic advice and psychometric evaluation. Abacus will also continue to offer its Search business which concentrates on recruiting for the broader financial and professional services.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 1 day ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 4 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 4 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND