but with financial advisors entering their 70s and a serious shortage of incoming advisors on the horizon, universities and colleges offering financial planning degrees are becoming a much more important source of new entrants to the industry. headcount in the industry is expected to decline by 5.8% between 2017 and 2022 compared to a 1.6% increase between 2012 and 2017. there are now more than 200 colleges and universities offering 300 financial planning programs that enable graduates to take the cfp exam, according to the certified financial planner board. at the end of the day, the number of graduates from university and college financial planning programs won’t come near to replacing the thousands of advisors expected to leave the industry in the next decade, some industry observers say. indeed, the job opportunities for financial planning graduates are lucrative and many.
“we’ve had to convince parents that financial advisors can be on the same side of the table as people,” he said. “that success bred a desire in me to find more young people for the firm,” said yankee. as the industry shifts from a sales mentality to a more advice-centric model, many more firms are now willing to give young advisors that time to develop skills with clients and with building a book of business. “that’s just reality and it doesn’t have to turn things upside down.”
as the nation’s financial advisors start to age out of the colleges and universities with financial planning courses are more “no matter how good a financial planning program is, unfortunately, though, most advisor sales training programs today still focus on the traditional some may have a graduate degree and may also take specific courses if they choose to specialize in a , best financial advisor development programs, best financial advisor development programs, best financial advisor training programs 2020, financial advisor trainee programs, best cities for financial advisors to work.
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