InvestmentNews Article: Hire new college grads and help ensure the future of your firm
Worried about the future of your firm? Concerned where the aging advisory sector is headed? Stop wasting time trying to find advisers with a big book of clients, and ask yourself who is going to “right” the ship and take over when you retire?
Hiring and mentoring young people to be advisors right out of college could solve any succession, growth and future-value worries you may have about your firm and our rapidly aging industry.
The article reads:
Do you have a plan for the future of your firm? Mentoring new college grads is a great answer.
Each year, our colleges and universities produce over 2.5 million graduates. Most, obviously, aren’t ever hired by investment advisers and financial planners.
But the few who are, all too often, latch on with firms that grind them right back out of the industry by demanding they work on straight commission, drum up new business and do back-office work.Scott Hanson, Co-Founder, Allworth Financial