Where will the next generation of advisers come from?

We've all read (or written) the stories about the average financial adviser, in his or her late 50s, who just can't seem to find the right succession plan.
OCT 24, 2010
By  Mark Bruno
We've all read (or written) the stories about the average financial adviser, in his or her late 50s, who just can't seem to find the right succession plan. And if it's a problem now, it will only become more of a challenge, as firm owners only continue to get older -- and fewer wirehouses express interest in training new recruits fresh out of college. So InvestmentNews will be spending more time focusing on this issue and exploring where, exactly, the next generation of financial advisers will come from. One of the first things we'd like to do is connect with students who have expressed some interest in the profession and are currently looking for more information on the business itself, or where they can get started looking for jobs in the field. We just created a Facebook page (take a look here.) to make some new connections and position some of our own content and information to students and younger professionals who could very well turn out to be the financial advisers of tomorrow. Check it out and join our page, if you're on Facebook, or pass the link along to someone you know who might be interested in joining. We've also launched a new Career Center that should help students and potential employers make new connections. And if you're already committed to working with the Next Generation, let us know how we can help. We just armed one industry vet with InvestmentNews 'materials" to bring to more than 100 students later this week at a university career fair. We're open to any and all reader suggestions on this front, so stay tuned. And of course, thanks for reading.

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