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.
