FA Match, a digital recruitment platform designed to connect financial services firms with producing advisors, will offer front-, middle- and back-office services to recruitment firms in the wealth management space through its new FA Match Recruiter.
Recruiting firms often have advisors who haven’t been placed at a firm yet or who aren’t currently looking for opportunities; now they can move those advisors onto the FA Match Recruiter platform, by sending them a custom referral link.
“Once an advisor signs up using the custom link, if at any time they make a career move using the FA Match platform, the recruitment firm automatically receives a percentage of the placement fee,” FA Match said in a release.
“Since day one, our goal has never been to replace traditional recruiting. Instead, we want to use our technology to help recruiters across the industry thrive,” said Ryan Shanks, co-founder and CEO of FA Match. “Now, recruiters who use FA Match can mobilize their once idle network of advisors to create new income streams and put time and money back into growing their businesses.”
Shanks launched FA Match in January, as one of the few recruiting platforms created with the nuances of the advisor business in mind. The startup also recently created an alliance of technology companies, including AdvisorAssist, LifeYield, Oranj, Orion Advisor Services, Redtail Technology and Riskalyze, to help it grow.