Frank Larosa’s Knowledge and Expertise Helps Others Land Suitable Employment

Frank Larosa founded ELITE Recruiting & Consulting in 2010 to help financial professionals in their job searches. His services start at the beginning. He lets his clients know what to expect in interviews, and explains what firms are looking for in their new hires. Before an interview, he helps clients to create a list of questions.

Mr. Larosa works to negotiate a deal for his clients after the first meeting. He then advises his clients in the next steps in the process. From sending thank you notes to signing the final contract, he is there to ensure that things go smoothly and as planned.

Before launching ELITE Recruiting & Consulting, Mr. Larosa earned praise as one of On Wall Street’s top 10 branch managers in 2011. Bringing years of experience to the table, he works to make sure that his clients get exactly what they want from a new employment package.


An Introduction to Formal Business Meetings: Before, During, and After

By Frank LaRosa

Preparation remains one of the key elements for walking in to and out of any meeting with confidence. With the right preparation, financial professionals can make a good impression on potential business partners or employers, providing an accurate representation of their skills.

Before a meeting, spend time researching all the individuals who will be present, including their professional histories and their likes and dislikes. Any insight on how these individuals interview candidates will prove extremely helpful. In addition, always allow plenty of extra travel time before a meeting: arriving late results in a poor assessment.

When meeting new business partners, you must understand the culture of the business that they conduct and conform to those expectations. Knowledge of the firm’s work environment also helps an interviewee appear to be an ideal fit. Preparation also involves thinking about and rehearsing your responses to probable questions and considering what questions you want to ask the interviewers.

During the meeting, remain calm and relaxed. Remember that in many respects, you’re conducting your own interview of a prospective employer or business partner. During the meeting, concentrate equally on your past accomplishments and future plans. However, in many instances it is improper to discuss specifics of a deal during the initial meeting. These business conversations—including numbers such as salaries—should come later in time. In general, this practice results in a better deal.

Instead, inquire about the process of moving forward if you are both still interested. Also, make it easy for your interviewer to contact you by offering up your business card. After a meeting, send your interviewers a quick note of thanks and possibly e-mail follow-up questions to the manager. This will help the rest of the process proceed much quicker.

About the Author

Frank LaRosa possesses more than 15 years of experience in the finance industry and oversees ELITE Recruiting & Consulting, serving as the firm’s President and Chief Executive Officer. Through ELITE Recruiting & Consulting, he connects exceptional finance professionals with firms around the nation and offers these applicants advice throughout the recruiting process. In 2010, On Wall Street magazine recognized Frank LaRosa as one of the nation’s Top 10 Managers and he has garnered other significant praise throughout the course of career.

How to Cope with Financial Setbacks By Frank LaRosa

Beyond planning for the vicissitudes of the macro-economy, individuals and families should include emergency economic planning in their overall financial plan. Having the means to cope with financial setbacks and unexpected bills can stave off the possibility of financial ruin and keep a household afloat for the future.

Financial planners ardently emphasize the need to establish an emergency fund. Even when income is tight, creating an emergency fund should not be neglected. Even small financial windfalls, such as a birthday gift or bonus, can help shore up such funds.

On top of creating an emergency fund, prudent households will carry the right kind of insurance to meet their current and future needs. This includes life, health, disability, car, and renter’s insurance. It also includes buying long-term care insurance, which protects against the need for expensive stays in nursing homes or health care facilities.

If it becomes necessary to dip into personal investments, avoid touching retirement accounts. In addition to harming a household’s future nest egg, dipping into these accounts can trigger penalties and income taxes.

About Frank LaRosa: A veteran financial services professional, Frank LaRosa is President of Elite Recruiting and Consulting, a placement firm focusing on the recruitment of qualified financial advisors throughout the United States.


Frank LaRosa on How to Choose a Financial Advisor

Choosing a financial advisor should be a carefully considered decision. You are trusting someone with the task of helping you achieve your financial goals. Research several advisors before you choose one. Some factors you should consider include the following:

-Is the financial advisor a certified financial planner? Some certification processes require financial advisors to attend continuing education classes and hold them accountable to a code of ethics.

-How does the financial advisor get paid? Is he or she commission-based, fee-based, or working at an hourly rate? Commission-based financial advisors are paid by selling you products and so may have motives other than your best interest for pushing a certain product. Meanwhile, fee-based advisors, who typically earn 1 percent of your annual assets, may be disinclined to making certain suggestions that will decrease your annual assets and subsequently their fee.

-Is the financial advisor a fiduciary? This means that the advisor has pledged to act in the client’s best interest.

-Lastly, be sure the credentials are up-to-date, and get references from current clients to get a sense of the work that the advisor does.

Frank LaRosa began his career as a financial advisor at Prudential Securities, where he was named the top new advisor for his achievements in that position. He currently works as the Chief Executive Officer and President of Elite Recruiting & Consulting, a company dedicated to placement and consultation of financial advisors.


“Guide to Personal Savings and Investments,” by Frank LaRosa

Creating an effective financial savings plan depends on an individual’s goals and aspirations. To be sure, a sound financial plan should always include savings for retirement. At the same time, however, nearly every household has more immediate financial needs that require pre-planning and investment.

Short-term financial goals include such expenditures as a family vacation, wedding, or other one-time big-ticket expenses. The best option in such cases is place cash in a bank account or CD. This allows the saver to earn a little bit of interest while having access to the funds when needed.

Financial planning for five years or more in the future requires a more sophisticated approach to savings and investment. Longer-term investments should be geared toward stocks, bonds, mutual funds, real state, and foreign investment. Though more risky than savings accounts or CDs, returns over time tend to work in favor of the investor.

When it comes to retirement planning, financial planners recommend putting some portion of assets in higher-risk investments. Over time, the return will help investors stay ahead of inflation while creating a larger nest egg.

About Frank LaRosa: 
As President of Elite Recruiting and Consulting, Frank LaRosa focuses on placing financial advisors, managers, and trainees with financial services firms throughout the United States.


What Contractors and Consultants Should Expect During Their First Interview – by Frank LaRosa, President and CEO of ELITE Recruiting & Consulting

One of the financial industry’s leading staffing agencies and business consultancies, ELITE Recruiting & Consulting focuses on best meeting the needs of its partner companies as well as its contractors and consultants. For the latter group, that means recruiting ambitious and experienced professionals and collaborating with them during the search process and their initial interview, as well as when they begin working in their new job.

The first meeting with potential employers serves as a critical period in the process for the firm’s contractors, and one that it well prepares its professionals for. During the initial interview, the company advises that its contractors relax, be themselves, get to know the company’s hiring manager, and allow the interviewer to learn about them and their accomplishments. Experience shows that ELITE Recruiting & Consulting achieves a better deal when it handles negotiations, so it discourages contractors from negotiating themselves. After the meeting, the agency will send thank you notes to the interviewer and work with the contractor to develop a list of follow-up questions.

About the Author: Before joining ELITE Recruiting & Consulting in 2011, Frank LaRosa served as a Financial Advisor for Prudential Investments and as a Senior Vice President and Branch Manager for a global brokerage firm.


Frank LaRosa on the Essential Qualities of Financial Professionals

While each financial firm will operate a little differently, most major institutions are looking for the same basic qualities in their advisors and money managers. Knowing what characteristics are valued and how to display those traits during the recruiting and interview process is essential when looking for a high-profile position. Here are some of the key areas firms will be interested in:

Production: Performance is paramount in financial services and quantifiable data is essential to prove your record. Provide evidence of your gross and client assets, return on assets, and other basic metrics.

Work History: As hiring financial professionals can be a lengthy and expensive process, managers seek out long-term hires and look carefully into where candidates have worked previously and for how long; reputable firms obviously look better on a résumé. If there are several short stints on a resume, be sure to express your desire to find a stable, long-term position.

Business Focus: Every financial professional operates differently and a hiring firm will want to know a candidate’s specific process, from how they interact with clients to how they plan to expand moving forward.

Mobility of Business: Clients and resources often follow financial professionals from firm to firm. Potential employers will want to know the details of the product mix and how portable the business model will be.

CRD and Background Check: Virtually all employers now require a background check, but financial professionals will need to present their Central Registration Depository (CRD), issued by the Financial Industry Regulatory Authority (FINRA), as well. Any and all issues will be vetted thoroughly, so be prepared to defend or explain any potential problems.

Culture and Fit: Corporate culture varies between firms and certain personalities simply will not thrive in particular environments. Take time to research the firm thoroughly and meet with employees from various departments to ensure the job is a good fit.

About the Author: Distinguished as one of the Top 10 Managers of 2010 by On Wall Street magazine, Frank LaRosa possesses 15 years of financial experience with some of the most prominent firms in the country. In 2011, LaRosa launched his own New Jersey-based firm, ELITE Recruiting & Consulting, which places financial managers in positions with best-of-breed firms. More information on Frank LaRosa and ELITE Recruiting & Consulting can be found at