Fred St Laurent, Guest Columnist

Excellent article. Thanks for publishing it.

Great Article. He really helps a non-business person understand the in’s and the out’s of what went on. Powerful!

Sallie Krawchek is a talented individual, but the fact is that Merrill employs strong-armed legal tactics to block ANY criticism of Sallie (even when justified) to the brokers there. It’s not hard to look flawless when relevant information is blocked or censored by your employer. Merrill works VERY hard to block and prevent communications from recruiters to their advisors. Maybe that is the real reason the author has found it difficult to recruit out of the thundering herd. I haven’t found Sallie’s alleged skills to be any deterrent at all.

Thanks Terry. I appreciate your insight.

Didn’t Sallie “leave” BofAmerrilllynch in Sept 2011? This reads like she is still there.

Hi Joe, 

Yes, this was originally published on Jan 27, 2011. We periodically re-run articles that are favorites of readers in our “all-time hits” column. Sorry for any confusion.

Brooke

Sallie Krawcheck, A Recruiter’s Nightmare 

Fred St Laurent says that when Krawcheck is in charge, his job gets harder.

Merrill Lynch

Citigroup

Bank of America

SCI Partners

Sallie Krawcheck

Fred St. Laurent

The RIA business is many good things but integrated from a gender standpoint is not one of them. This is not so great. Women are the majority of humanity and they have an asset-building strategy that can't be beat. Women outlive their beer-and-steak mates and end up with big estates. But today's women have too another strategy -- pursuing wealth in the workplace. Yet when they go to find fellow women to talk all this through with, they don't readily find them. 

Companies big and small have for decades fallen over themselves to say that they have women's initiatives but I can't think of one that has amounted to much. But there are stories-- dozens or hundreds -- of them about women exerting their influence on this business and we are starting to collect them. It's a starting place -- documenting the ground being covered by women in the form of engaging tales graphically depicted by the physiognomy of the fairer sex.

Women of Wealth Management

Criticized and often at the center of a business storm, she has emerged as Wall Street's problem-solver -- and she's doing it again at Merrill Lynch

Sallie Krawcheck, A Recruiter’s Nightmare

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