a larger broker-dealer needs to add 2,000 to 3,000 financial advisors just to keep pace.
Baby boomer financial advisors are looking for younger advisors to mold and eventually have them take over their book of business. They are finding that younger advisors are scarce compared to how many baby boomers there are these days. The industry is having a difficult time trying to recruit younger advisors to make up for the retirement of older professionals.
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