Financial Advice Industry is Getting Younger as More Firms Invest in the Next Generation, TD Ameritr

TD Ameritrade press release ------- The financial advisory industry is getting younger as more firms hire recent college graduates to fill client-facing and revenue-generating roles, according to the 2017 FA Insight Study of Advisory Firms: People & Pay, an industry benchmarking report from TD Ameritrade Institutional. The latest People and Pay found that 31 percent of firms are targeting recent college graduates for revenue-generating roles. The median age of lead advisors has slipped by three years to 47 since 2015. And while many graduates emerge licensed and credentialed, they are less productive than experienced investment advisors with an existing client base. To get more in depth information click on the picture below to read the release.