Whether you decide to hire a COO or an operations manager, bringing in someone to handle the operations side of your business or help manage the business overall can breathe new life into your firm. The COO role can be a powerful one that adds meaningfully to the leadership and effectiveness of the company. When it comes time to hire this individual, select someone who will be able to evolve with the role. As we mentioned earlier, a COO’s job description often changes, and someone who will be a long-term partner must be able to flex with the growth of the business. Your decision of whom to hire depends a lot upon your reasons for hiring. This is a very strategic hire--consider where your firm is today and where you want it to be and take the time to hire the person that will allow this to become a reality.
Amy Kizer is managing partner of TalentLink Solutions, which was created because of the challenges financial advisors face with identifying, retaining and managing their support staff. With more than 30 years of experience between them, the firm's two partners have interviewed and hired thousands of professionals. They have been immersed in the financial services industry for the last eight years and understand the specific challenges advisors deal with regularly, including licensing, regulatory and client satisfaction issues. TalentLink Solutions can help advisors locate the right talent and also offers hourly consulting to support advisors through the hiring process. Learn more about TalentLink Solutions at http://www.talentlinksolutions.com.