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Greetings!
The thought of changing firms can be a daunting one, especially if you've been with your current firm for several years. But there are times when changing firms may be the best decision for you and your financial services career. And if you do heed the call of a new challenge, it could pay off in significant ways — both professionally and personally.
So when is the right time to leave your current firm for a new one? Here are five situations that may warrant a change:
Your Current Job Doesn't Provide the Challenge You Need
It may be time for a change if you feel like you're stuck in a rut and not being challenged. Changing firms may be the best way to reignite your passion for your career if you're no longer learning and growing in your role. When looking for a new firm, look for one that will provide opportunities for you to learn new things, take on new challenges, and stretch yourself professionally.
You're Not Being Recognized or Rewarded
If you are underappreciated at your current firm, you're not alone. A recent study revealed that 59 percent of people have never felt appreciated by their bosses. But feeling unappreciated can lead to disengagement and many other problems. So if you feel like your hard work as a financial professional is going unnoticed and you're not being rewarded for your successes, it may be time to move on.
The Company Culture Isn't a Good Fit
A firm's culture is often one of the most important factors for financial professionals when considering a new opportunity. If you don't feel like you fit in or share the same values as your firm, it can make going to work each day challenging.
When evaluating firms, pay attention to the culture and see if it's a good fit for you. The best firms, such as PS&G Financial Partners, have a caring, contagious culture that will make you feel right at home.
You're Not Able to Advance
Changing firms may be the best way to jumpstart your career if you're stuck in a dead-end job with no opportunity for advancement. When looking for a new firm, look for one that will provide opportunities for growth and development. The best firms will have a clear path for advancement, so you can continue to grow in your career.
The Firm Is Acquired or Merged
An acquisition or merger can often be a trigger for changing firms. If you're not comfortable with the new firm's culture or direction, it may be time to start looking for a new opportunity.
Pay attention to how the acquisition or merger affects your role, job satisfaction, and career growth potential. If you're unhappy with the changes, changing firms may be your best decision.
Know the Right Time for Changing Firms
Deciding to change firms is never easy. However, if you find yourself in one of these situations, it may be time to consider a new opportunity. When changing firms, be sure to research and find a firm that's the right fit for you and your career goals. You can take your career to the next level with the right firm.
Are you looking for a new phase in your financial services career? Get in touch today to schedule time with a member of the leadership team.
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