Learn more

By Elliot Gulliver-Needham With the average age of a financial adviser rapidly approaching 60, the industry is preparing for a reckoning as they frantically attempt to replace those departing. Recruiting financial advisers has always been tough, as it isn’t exactly the most glamorous job, but it seems to be getting even tougher. Less and less young people are entering the profession, while the bulk of financial advisers are starting to prepare for retirement. Only 26 per cent of financial advisers are under 40, with the average financial adviser sitting in their late 50s. In contrast, more tha…

cuu