Why Social Media and Tech Are Essential to Attracting Young Advisors

July 26, 2019 by Alex Padalka

Financial advice firms who want to ensure they have enough younger advisors coming in as their older advisors retire will need to ensure they’re up to speed with their technology and social media, according to a recent study.

The average advisor is around 55 years old, and only 11% of advisors are under 40, J.D. Power says in its recent Financial Advisor Satisfaction Study, which polled 3,571 employee and independent financial advisors from January through May.

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Originally Posted at Financial Advisor IQ on July 11, 2019 by Alex Padalka.