US-based investment company Edward Jones says it is currently hiring 38 advisers a month in the UK as it bids to spread its influence overseas.
The decade old firm, which currently employs more than 350 stockbrokers and financial advisers worldwide, provides advice on retirement, estate planning, shares, managed money and fixed income investments.
"We started in the UK with just a handful of stockbrokers and financial advisers. Now we have around 350 and want to grow that number considerably," says Tim Kirley, Edward Jones UK principal.
"That growth will be organic and create genuine new jobs; it will not be done through acquisition," he adds.
As other financial firms struggle, Kirley says the company's recruitment drive and expansion plan is down to 'the need to be close to where our clients live to give the best advice'.
"We find that in current market conditions people really appreciate the opportunity to sit down with their financial adviser and discuss the right course of action to help them achieve their long-term financial goals," says Kirley.
Under the firm's business model it has a single stockbroker and financial adviser supported by a full-time assistant in each office. The assistant joins typically six months after the adviser has qualified allowing the adviser to concentrate on clients' needs without too much administration.
Edward Jones will roll out an advertising campaign for its recruitment drive in the coming weeks advertising in all types of press across the UK.
The company looks to attract people with previous financial experience as well as those joining from outside the financial services industry for its two salaried training programmes.
"We are looking for confident people, with an entrepreneurial spirit who thrive on working by themselves, enjoy helping clients plan for their financial security and are both professional and ethical," says Kirley.IFAonline
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