Barron's Logo

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/advisor/articles/financial-advisor-talent-shortage-cerulli-69010ca9

Here’s How Bad the Financial Advisor Talent Shortage Is

By
Ross Snel
  • Print
  • Reprints
Text
  1. Small
  2. Medium
  3. Large

It’s no secret that the wealth management industry faces a talent shortage, but a recent report puts some hard numbers on the problem and offers guidance to advisory firms looking to recruit—and retain—fresh blood. 

The number of U.S. financial advisors grew by a net 2,579 in 2022, as the number of new entrants into the profession barely offset the number of retirements and trainee failures, research firm Cerulli Associates estimates in the June issue of “The Cerulli Edge—U.S. Asset and Wealth Management Edition.” Cerulli...

Barron’s Advisor

Read More

Welcome to Barron’s Advisor! Our articles are free to Barron’s subscribers and wealth management professionals. To subscribe to Barron’s, click here. If you’re a wealth management professional and would like access to the Barron's Advisor experience, please provide the information below. All fields are required. If you’re not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us at advisor.editors@barrons.com

Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.