Many professionals show no signs of slowing down as they get older, but firms are making sure they’re hiring the next generation
Firms have varying levels of formal plans for their retiring advisors, but often advisors are happy to do it on their own
But the majority of advisors surveyed still have no plan in place for retirement
Valued client relationships go a long way in attracting and keeping advisors
But executives say their strategy is on target
Advisors are satisfied with the job their compliance departments are doing, but are frustrated with their overbearing nature
Community involvement, special sponsorships are the best ways to get a firm’s name out to the public
Products and services geared toward high net-worth clients are the best way to woo these individuals, advisors say