Office: 281 362 5904 Typically not. Almost every firm builds in costs for recruiting as part of their transitional pro forma modeling. Most of these firms are looking for an internal rate of return , minimally in the 11%-12% range. As a former senior executive at a major firm it was my experience that the fee that would otherwise go to an external recruiter , when a recruiter was not consulted, would be forfeited or gratuitously granted to an existing FA . Those economics are rarely , if ever , passed on to the recruited FA. As a result , the lack of professional consultation through recruiters like CLM Ventura can not only result in poor execution , but also amount to no further economic benefit to you in the form of the recruiting fee. It is my experience to tell FA’s who are transitioning that using a professional like myself is akin to a benefit – in other words, “ use it or lose it.”
