 “The looming talent shortage in the advice industry is no longer looming — it’s here, and the typical approach to recruiting is no longer effective."Jylanne Dunne, vice president of practice-management, Fidelity Investments
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Solving the Recruiting Crisis Calls for New Attitudes
Tom Coyle | Financial Advisor IQ, October 2014
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Summary: The recruiting crisis in the financial-advice industry isn’t fueled by disdain so much as by ignorance, says Fidelity Investments. After the fund manager surveyed nearly 800 recent college grads and young professionals, it concluded that the talent shortage is due to a lack of awareness about the profession, not to a lack of interest. In fact, only 20% of those polled had even a rough sense of what advisors do.
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