IFAs in new year Massive Monday ‘super-surge’
Financial advisers around the world are rushing today to beat so-called Massive Monday, a recruitment industry term for the first working Monday of each New Year.
The phenomenon is borne out by reports from deVere Group, one of the world’s largest independent financial advisory organisations.
DeVere Group affirmed the number of people who have applied to join the organisation ahead of Massive Monday – the busiest day of the year for job-seekers – is up 125% on the same week last year.
“There’s always a surge of people applying for jobs across our global network of offices in the New Year. They’ve had time off to focus on what they want and need from their working lives and made resolutions to further their careers,” Nigel Green, founder and CEO of deVere Group said. “But this year, it’s been a super-surge, with a 125% increase in applicants in the week after the festive period, compared with 2017.”
“It seems that those who are serious about starting a career in the international financial industry, or those who are now looking to take their financial advisory career to the next level, are getting in there early, ahead of Massive Monday.”
Green continued: “About 40% of the applications have been from those seeking a new career in our highly rewarding sector. 2018 promises to be an exciting and rewarding year for the financial services sector. Judging by the volume of applicants we’ve received in the first week of the year alone, people are keen to be a part of that.”