Workplace culture is one of the most powerful employee magnets. Demand for talent continues strong in the financial advisory and related investment spheres, despite overall economic and workplace uncertainty. No company can coast on the assumption that it’s a good place to work, and therefore will attract and retain essential staff, especially professionals.

This year’s InvestmentNews Best Places to Work for Financial Advisors illustrates how thoughtful leadership and practices deliver operational results that translate to talent-attracting culture.

For instance, at the 25 winning small firms, as well as at the 17 winning large firms, 97% of employees say they intend to stay for at least two more years, compared to 91% at the firms that did not make the cut. The same factor plays out, albeit a bit more narrowly, at midsize firms, where 98% of the employees at winning firms intend to stick around, compared to 94% at firms that did not win. Those retention margins appear slim, but they can make a big difference to clients. And, of course, the cost and bother of replacing departed employees is notorious.

The cliché is that employees come for the money but stay for their co-workers — and at advisory firms, their clients. This year’s winning firms translate lofty workplace missions to the kind of daily experience that makes everyone want to stick around.

To qualify as one of InvestmentNews Best Places to Work for Financial Advisors, an advice firm must have at least 15 employees and have been in business for one year. There is no charge to register. Think your firm could be a winner? Visit INbestplacestowork.com and sign up to be notified when registration opens in August 2023.

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50+ EMPLOYEES

30-49 EMPLOYEES

15-29 EMPLOYEES