http://thefasttrackblog.com/2008/01/09/the-best-recruiting-tool-ever/ Angie Herbers’s latest Investment Advisor articles Sun, 21 Feb 2010 03:32:21 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://thefasttrackblog.com/2008/01/09/the-best-recruiting-tool-ever/comment-page-1/#comment-44 Edgar Norton Tue, 15 Jan 2008 16:24:19 +0000 ia-wordup-8456#comment-44 As someone who teaches in an academic program, the issue I hear from planners is the learning curve--the firm's software, files, compliance issues--as well as the time to properly mentor the intern make the process cost ineffective for a "small" shop. Advisors who hire such students are very valuable to the local college program and to the students--they get great experience. Ideally the student would and should add value--but if the internship is only for a semester or summer that is hard to accomplish. We may need internships lasting a year for the planner to get tangible value from the relationship. Other thoughts? As someone who teaches in an academic program, the issue I hear from planners is the learning curve–the firm’s software, files, compliance issues–as well as the time to properly mentor the intern make the process cost ineffective for a “small” shop. Advisors who hire such students are very valuable to the local college program and to the students–they get great experience. Ideally the student would and should add value–but if the internship is only for a semester or summer that is hard to accomplish. We may need internships lasting a year for the planner to get tangible value from the relationship. Other thoughts?

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