In addition to having interns help advisors with the day-to-day aspects of running a firm, the new recruits send a signal to clients that financial planning firms are growing and planning for the future.
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Firms that use interns should use the recruits to help senior planners prepare for client meetings and should take steps to ensure that the new hires engage in tangible job duties, including meetings with clients. So reports CNBC.
In addition to having interns help advisors with the day-to-day aspects of running a firm, the new recruits send a signal to clients that financial planning firms are growing and planning for the future.