Summary: Over the past five years, the wealth management industry has been impacted by extraordinary forces simultaneously: demographic, technological and regulatory. The magnitude and pace of change in the delivery of financial advice is fueling a once-in-a-generation move toward higher standards of professionalism and innovation. Our industry can accelerate and facilitate this movement by providing better career starts for the next generation of professionals.
 If the industry can rethink entry-level preparation and early-career experiences with associate/resident-type programs, and think about talent development as an investment rather than an expense, it will enjoy higher and less expensive retention and end up with more knowledgeable, passionate and productive employees."Craig Pfeiffer, president and chief executive, Money Management Institute. |
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