Is this your resume? Call Ric Edelman.

Find out what the adviser behind one the largest independent wealth firms is seeking out of a manager

Aug 28, 2014 @ 11:02 am

By Trevor Hunnicutt

Despite having dozens of advisers spread across the country, the personality of one man looms large over the $11.6 billion independent advisory firm Edelman Financial Services. But Ric Edelman is looking for a right-hand manager. In a recent interview, the firm's namesake said he's looking for a president and chief operating officer to drive the firm's growth.

The firm is looking to add up to 50 advisers in 2015, up from an expected 30 this year, Mr. Edelman said.

But RIA executives need not apply. “Our problem is our industry is fairly close-knit,” Mr. Edelman said. “The executives tend to bounce from one to another and, as a result, the ideas tend to be trite. Many firms are doing the same thing in the same ways as all of the other firms. My firm has been built on the foundation that we do things very differently than everybody else."

We at InvestmentNews asked Mr. Edelman what the perfect resume would look like for the job. Inspired by his ideas, we created a mock-up of an online résumé, along with Mr. Edelman's explanations of who would make a perfect manager.

0
Comments

What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video

Events

The power of data

Your clients have financial news and data at their fingertips, but don’t know how to interpret it. Katy Gibson of Envestnet|Yodlee and Blake Kannady of Envestnet discuss the power of leveraging aggregated data.

Recommended Video

Path to growth

Latest news & opinion

Lightyear Capital takes 50% stake in $9 billion HPM Partners

Private equity backing could fuel acquisitions by the large RIA.

Tax reform: 7 essential strategies for financial advisers

While advisers face the difficult task of analyzing the law's impact, they will also have a significant opportunity to prove their value by implementing money-saving strategies for clients as well as their own businesses.

Tax law: Everything advisers need to know about the pass-through provision

The provision is tricky, but could provide advisers and business-owner clients with sizable tax savings.

Bill requiring fiduciary disclosure reintroduced in New Jersey

Measures would obligate financial advisers to tell clients they do not have to act in their best interests.

Merrill Lynch to let advisers text with clients

Texting has been a popular mode of communication for years, but in the past the firm's regulations have prevented advisers from using it.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print