 Despite the rather massive efforts of custodians, BDs, industry organizations and boomer advisors themselves, the next generation of advisors isn’t learning the business fast enough to fill the looming void."Angie Herbers
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2017 Career Guide: Next-Gen Nurturing
Danielle Andrus | ThinkAdvisor, December 2016
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Summary: Growing an advisory firm today requires more than just attracting more clients and managing more of their assets. Without a talented second string of junior advisors to take over for departing leaders, a firm’s current clients could find they are suddenly DIY investors, without the education, experience or inclination to take on managing their wealth.
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