Wachovia Securities In St Louis

Most of you know that Wachovia Securities purchased A.G. Edwards last year. The final branding has gone through, and the new company is officially Wachovia Securities.

What does that mean for the St Louis market?  First, Wachovia is adding 4500 jobs to their payrolls.  Now before you get too excited, most of those jobs will be filled by former AG Edwards employees internally, but there will be plenty of new positions and needs that have to be filled by people in St Louis.

There's also been a significant influx of employees from Virginia and Charlotte to St Louis, so if you meet people new to St Louis, be sure to greet them.

The news ties into a larger trend that should bode well for St Louis and the Midwest in general, even if are headed into a national recession (which I'm not sure I believe).  The large numbers of technology centers by major companies in St Louis requires a large workforce of highly skilled and highly payed Information Technology folks. The RCGA has been working on this for some time, and have a 50 page study on the matter. I'll be going through it in the month of February, but for those interested in peeking now, it's available for download at greaterstlouisworks.org.

The merger between AG Edwards and Wachovia Securities is underway, and with that comes the introduction of 4,500 jobs to the St. Louis market.  Most of these employees will be internal AG employees, but we do have quite a need for external candidates.  I am currently working on the HR positions we have available here at our St. Louis downtown location, and would be grateful for them to be posted on your blog, or sent to any candidates you know of that are looking for a new opportunity in the St. Louis area.