Shawn K. Smith is the Principal of Financial Advisor Placement Services and founded it in 2009. Shawn has 23 years of investment industry experience and has worked directly with Financial Advisors during this time. Prior to founding Financial Advisor Placement Services, he worked at Ameriprise Financial as the Recruiting Manager for the Northeast. Before Ameriprise, Shawn worked as a Vice President of Sales at Sun Life Financial, in Wellesley, MA. Shawn was Assistant Vice President of Sales for Pioneer Investments in Boston and a Wholesaler at North American Funds in Boston in the late 1990’s. Shawn holds an MBA, from Bentley University and a BA in Economics from Princeton University.
Financial Advisor Placement Services was founded in 2009 by Shawn Smith to meet the needs of the financial advisor who is considering a move to an Independent Broker Dealer. We work as the broker’s “agent” to help the advisor find the firm to meet their professional requirements in order to best serve their clients. Financial Advisor Placement Services will sift through the many National, Regional and Independent broker dealers, and RIA firms, and help the advisor to answer the questions which accompany a firm change. We have developed many relationships with the decision makers at the firms we represent.
Financial Advisor Placement Services is the premier financial advisor recruiting firm, Independent broker dealer, Independent broker dealers, Independent broker dealer firms & Independent broker dealer payouts that specializes in placing only financial advisors. There is no cost to the Advisor!
Our sole focus is on placing finanical advisors with a new Broker-Dealer or with RIA firms. We do not get involved with recruiting people to other industries or positions, like many of our competitors. We feel that the function of providing financial advice is very important, so we pride ourselves in exclusively serving this market segment. We will give you the personal and professional attention that you need in a confidential manner.
We will help you select the best Broker-Dealer for your practice by identifying: the appropriate size, culture, product set, clearing platform, technology and back office support for your practice. We will then negotiate the best deal possible for you, as we have leverage with the firms that we represent.
Financial Advisor Placement Services (FAPS) places only Financial Advisors. While other competitor firms work with other financial professionals, we feel that our sole focus makes us the best in the industry. While other placement firms will “hand off” the advisor to another junior recruiter, everyone who does business with FAPS with work with Shawn Smith, our Founder. It is because of this personal attention, and expertise in this field, that advisors like doing business with us.
Since we work with over 70 select broker dealers, we have a vast network of partner firms, which allow us to place advisors and brokers throughout the United States. We speak to advisors every day, from every state in the country. While this gives us the opportunity to introduce local firms to you. With today’s technology, you can join any broker dealer no matter how far away they are. In 2014, we placed more advisors in CA than we did in our home state of MA!