Recruiting 101, a Series - Yvan Demosthenes

January 25, 2024

2024, A New Year of Financial Industry Transition, an interview with Yvan Demosthenes

From the desk of Stephen Kohn, Founder and Chair of Financial Professionals Coalition (www.finprocoalition.com) and a 25-year veteran owner of a FINRA broker-dealer, a, former member of FINRA’s National Adjudicatory Council and a Former Governor on FINRA’s Board. 

The Financial Professionals Coalition, Ltd. is a diverse resource for over 1.2 million registered representatives, associated persons, traders, bankers, back-office staff, and owners of broker-dealers and registered investment advisors. The Coalition provides courtesy consultations with industry experts. Membership is free.

Based on the turmoil of 2023 consolidations, hirings and firings, the Coalition introduces its Founders who are top-level, financial industry recruiters and stand ready to help you make transitions and find a new home. This is the third in a series of introductions.

Here is your introduction to Coalition Founder Yvan Demosthenes.

Yvan Demosthenes is a Sales Professional with more than 30 years of experience, 18 years within Talent Acquisition and Recruiting. His career has covered various Sales and Management roles.

Yvan founded HamiltonDemo to provide Executive Search and Professional Placement as well as provide Diversity Recruitment solutions to organizations of all sizes nationwide including TransAmerica, JPMorgan Chase, Old National Bank, Huntington National Bank and 1st Source Bank. He has helped place various roles within these organizations such as Tellers, Manager Trainees, Financial Advisors and IT Positions. He has also had the pleasure of placing executives and emerging leaders into some of the most recognized companies in other industries. Yvan is an adjunct professor at Thomas More University and an active member of TMU's Alumni Board of Directors as well as a dynamic contributor with many local and national not-for-profit organizations.

He is also a Co-Founder and Partner at the Center for Great Work Performance where Yvan works with companies and their and their managers and emerging managers to enable and inspire transformative growth and advancement.

Yvan has been married for 16 years and has three children. He received his BS from the University Of Cincinnati and his MBA from Thomas More University as well as receiving Leadership Training from Harvard Business School and has a D&I Certification from eCornell. Yvan is currently pursuing his Ed D in Leadership from the University of Dayton.

1.     Why should financial professionals use a recruiter rather than try to find a job on their own by sending out resumes or answering help-wanted ads?

Yvan:  “Recruiters are able to assist and guide advisors from providing feedback on their resumes to coaching them through the unique processes and cultures of the organizations they seek employment with.”

2.   What are the costs to the financial professionals of working with you -- and if there are none, are   you conflicted by getting paid by the employer?

Yvan:  “Currently ZERO fees to the financial professionals and no conflict with employer.”

3.   What are some of the unique services that you and your company offer?

Yvan:  “We are able to share opportunities with the job seeker that they may not be aware of. Especially if they are seeking opportunities in different parts of the country.  We are also able to connect and recommend additional resources that may be beneficial to a job search.”

4.   What are some of the most common mistakes folks make during the hiring process?

Yvan:  “Candidates may not always ask the right questions during the interview process thus accepting a role that is not the best fit for them.”

5.   What are some of the most common mistakes employers make when seeking out staffing?

Yvan:  “Relying too much on their automated processes can be a hinderance to finding a good candidate match as well as relying too much on word of mouth to attract interest.”

6.   What is your forecast of the 2024 employment scene for financial professionals?

Yvan:  “I anticipate high deal activity come the first of the year.  Organizations will be seeking advisors at a high rate.”

Join the Financial Professionals Coalition, membership is free, as is access to Yvan Demosthenes’ recruiting expertise, in addition to a vast array of referral resources.

Financial Professionals Coalition, Ltd. 
JOIN TODAY -- FREE MEMBERSHIP
https://www.finprocoalition.com/#contact

A CLEARING HOUSE OF SOLUTIONS FOR FINANCIAL PROFESSIONALS

The Financial Professionals Coalition, Ltd. is a diverse resource for over 1.2 million registered representatives, associated persons, traders, bankers, back-office staff, and owners of broker-dealers and registered investment advisors. The Coalition provides courtesy consultations with industry experts. Membership is free.

And if you want to go it alone, the Coalition's "Marketplace" is now accepting cost-effective advertisements for:

• Help Wanted (Employer)
• Position Wanted (Employee)
• Professional Services (Lawyers, CPAs, Consultants) 
• Announcements (Events, New Firms)

Phone numbers or email addresses are not disclosed in the posted advertisements unless you so authorize; and a reply protocol offers various degrees of confidentiality as you may require. 

https://www.finprocoalition.com/marketplace/