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"Why Hiring a Next-Gen Advisor Can Be Good for Your Business"

The financial advisory landscape is changing. With more than one-third expecting to retire in the next 10 years, it’s possible the next decade will see a severe shortage of advisors. What does this mean for your firm? Download this white paper to learn why hiring a next-gen advisor may be the solution you need to set your firm up for both present and future success.

In the past, working for a wirehouse and making cold calls to build up a book of business was a rite of passage for anyone aspiring to be a financial advisor. But the financial advisory landscape is changing, and many advisors have shifted from selling products on commission to creating comprehensive plans for a fee. The next generation has a different mindset that will require new ways of thinking.

The average age of a financial advisor today is 55, and only 5 percent are younger than 30. With more than one-third expecting to retire in the next 10 years, it’s possible the next decade will see a severe shortage of advisors. What does this mean for your firm? It may look bleak, but also points to a big opportunity for your business. Consider if you could say, “yes” to the following questions:

• Are you looking to grow your practice?
• Do you need to implement a succession plan?
• Will your current clients soon be transferring their wealth to their children?

If so, download this white paper to get started developing your firm’s future, today.

Offered Free by: Commonwealth Financial Network
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