The War for Talent - 2007 Q3 Relationship Manager Quick Poll Results

October 25, 2007

 

Summary: 2007 Q3 Relationship Manager Quick Poll: The War for Talent (PDF)

SEI conducted a Private Banking Quick Poll that indicates Relationship Managers are more strongly motivated to stay at their current job based on their employer's culture versus their compensation.

The purpose of this Quick Poll was to better understand the key drivers of attracting and retaining Relationship Managers (RMs) at wealth management organizations. The study found that 83% of respondents indicated that a significant compensation package would be needed to entice them to move to another organization.