RAB Research Archive

37% of financial advisors expected to retire over next decade



More than one-third of financial advisors are expected to retire over the next 10 years, putting almost 39% of industry assets in motion, according to a report by Cerulli Associates. Wirehouse (40.7%), independent broker/dealer (40.7%) and national and regional broker/dealer (39.7%) channels have the largest portion of advisors who are planning to retire and transition their businesses within the next 10 years, the report said.

Source: Financial Advisor Magazine



View or Download: https://www.fa-mag.com/news/the-financial-advisory-space-stands-to-lose-one-third-of-advisors-to-retirement-in-the-next-decade-52579.html

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