Addressing the shortage of millennial financial advisors

March 28, 2017 by Emmet Pierce

As many financial advisors approach retirement age, the wealth management industry is searching for ways to draw more young people into the profession.

The need for an infusion of young financial advisors is urgent and immediate, said Joseph Maugeri, managing director of corporate relations for the Certified Financial Planner (CFP) Board of Standards.

“We have more CFP professionals over the age of 70 than under the age of 30,” he said. “It’s important that firms small and large see this as a problem that will only worsen in the short run.”

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Originally Posted at LifeHealthPro on March 28, 2017 by Emmet Pierce.