Summary: The RIA industry is coming up short in its effort to attract next-generation talent, as older recruitment models struggle to relate to today’s younger prospects. Part of the challenge is our growing diversity across all societal demographics.
"RIAs already know first-hand that the lack of “next generation” talent in the pipeline is an issue they need to address. There are simply not enough young people entering the financial planning profession to meet expected demand, especially with aging advisors themselves preparing to retire and exit the industry."
Kate Healy, managing director of Generation Next, TD Ameritrade Institutional
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