Why is Nicola Wealth this year's Employer of Choice?
During the pandemic, the firm has also formalized its associate to advisor development program to ensure that 80% of its new advisors come from its internal pipeline in the future. That means it’s hiring interns right out of school, then placing them in an internship program so they can become junior, then senior, associates, and finally, advisors.
“That way, we can get great talent, especially at that younger level with people in their 20s and 30s who know they’ll be supported in their overall development, so can see that career path,” she said.
Advisors also define goals and build business plans, with the company’s leadership team supporting their success because, Flockton said, “if they’re successful, the company is going to be successful” as it strives to meet its aspirational goal of reaching $25 billion in assets under management by 2025.
“We’re a growing, dynamic organization, and we have an entrepreneurial culture because everybody’s profiting in its success, so everybody has that mindset, and that makes a huge difference,” she said. “There’s a commitment and a drive across the organization, and I think that is what engages people and gets them excited.
“But I think our commitment to the community is one of our key values because we care about our people, clients, and community. We have a significant engagement with our community through charitable giving as well as engagement with different charities and we really encourage that with our people.”