UK
Company: KornFerry International
This is how much you’ll need to bill if you want to be a headhunter at Korn/Ferry International
Korn/Ferry has released its results for the past three quarters. On an annualised basis, they suggest each of its executive search consultants bills an average of $1.3m (808k) in fees and works on 25 different ‘engagements.’ Compensation isn’t broken out for the executive search business, so it’s not clear how much Korn/Ferry pays its consultants [...]
Niche financial services recruiters queueing up to cash in
There is excitement among the owners of niche financial services recruitment firms in the City. In the past few years, several of their number have been swallowed up larger entities. According to the head of one investment banking-focused recruiter it’s still happening, below the radar. “There’s a buy and build ethos developing,” he says. “Good [...]
Could you make a fortune by moving to Korn/Ferry?
Korn/Ferry International has been hiring. As the Financial Times pointed out this week, it appears to have been hiring particularly from Heidrick & Struggles, from whom it has pinched Sonamara Jeffreys, Heidrick’s former head of EMEA financial services, and various others. Korn/Ferry’s expansion follows various reports about the transplantation of its cherubic chief executive from [...]
More recruiter pain, but opportunistic hiring continues
Watmough Mallett, a derivatives, fund and finance recruitment firm is being wound down. Korn/Ferry International is said to be having second thoughts about some of the European staff it hired from Whitney Group recently, and Michael Page has issued a profits warning. “We are winding down the business in an orderly fashion,” says Tim Watmough, [...]
Have the big headhunters over-extended themselves again?
How long before the likes of Korn/Ferry International and Heidrick & Struggles start cutting staff? Both firms slashed headcount drastically in 2002 and 2003, but have resisted reductions so far this time around. Rumour has it that some consultants are starting to feel a bit twitchy. Heidrick looks like a particular candidate for trimming in [...]
Leading London headhunter dies
It’s with great sadness that we announce that Tom Seaden, one of London’s leading financial services executive search consultants, died yesterday, aged only 45. Tom spent four years as head of Whitney Group in London, before moving to Korn/Ferry International last month. Always helpful, always knowledgeable, and always discreet, Tom was a force to be [...]
London’s top financial services headhunters 2008
Ever wanted to know which firms dominate financial services headhunting in London? Look no further. The ranking below is from the Executive Grapevine’s latest annual review of the executive search market. Percentage figures are for market share. Let us know if you think they’ve left anyone out. Bear in mind that this list only includes [...]
Morgan Stanley staff to pour bonuses into hedge funds
Morgan Stanley is said to be offering its staff the option to invest bonuses in its hedge funds. One headhunter says the firm is simply trying to offset its proclivity for paying below the market rate. Bloomberg reports that the bank started a program last month allowing employees who earn at least $500,000 to invest [...]
German fund management: The promised land?
International fund managers are suddenly interested in establishing a presence in Germany. Headhunters in the country report a concomitant rise in hiring. “Everyone is trying to build in Germany at the moment,” says Patrik Von Pfetten of the Frankfurt search firm Von Pfetten & Kollegen. “Germany is seen as a good target. The entire asset [...]
M&A: fees up, jobs yet to follow
European M&A may be soaring, but for mid-ranking and senior bankers at least, headhunters say there’s no guarantee of being able to step into a new job. “Human capital moves in M&A have become far more sticky than they used to be,” says Julian Bell, a director at search firm Sheffield Haworth. “There are no [...]
Follow eFinancialCareers
What is RSS?
Advice
