 Each year for the next 10 years, 12,000 to 16,000 advisors will retire, while over that same time period the industry must add 237,000 advisors”to meet the growing need for advice, particularly from retiring baby boomers"Kim Della Roca, Pershing's director and global head of Segment Marketing and Practice Management |
Young(er) Advisors + Old(er) Advisors = (More) Successful Advisors
James Green | Think Advisor, October 2013
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Summary: Mark Tibergien has long warned about the looming talent shortage in the advisor industry. Pershing, where Tibergien released a report that quantifies the shortage and explores how successful advisors are bypassing the shortage by taking significant human capital steps now. How the advisor demographic challenge can be solved to everyone’s benefit—including clients
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