Michelle Schriver
Many firms have announced that hybrid work spending some days at the office and some days at home will continue long term. But, as a new normal emerges post-pandemic, what hybrid work looks like now may not be what it looks like in a few months. That means firms may need to be flexible about being flexible.
Don’t expect Canada’s financial sector to make big, bold announcements detailing their hybrid work arrangements, said Jennifer Reynolds, CEO with Toronto Finance International, a public-private partnership between the country’s biggest financial institutions and government.
As industry firms consider hybrid work, “many are running or intending to run test pilots of different types of models,” Reynolds said. Pilots may vary depending on such things as job type or team. “It’s being approached with a lot of flexibility [and] creativity,” she said, allowing for the best approaches to evolve. “No one knows if they have the perfect model yet.�
Planning for hybrid work in wealth management | Investment Executive investmentexecutive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentexecutive.com Daily Mail and Mail on Sunday newspapers.
The Globe and Mail Helen Burnett-Nichols Published December 18, 2020
DNY59/iStockPhoto / Getty Images
Beginning a career as a financial advisor can be challenging even in the most favourable of environments, but for advisors starting out during the COVID-19 pandemic, their first year has required an exceptional amount of persistence and flexibility as they navigate new, virtual models of training, mentoring and prospecting for clients.
Ben Cook, financial advisor with Edward Jones in Cochrane, Alta., had the unfortunate timing of joining the profession in early March. Within days, the pandemic was declared, not only requiring him to pivot to online training, but also reframe his expectations around how he would build his practice.