Financial planners moving to new jobs are jumping less hurdles and increasing AUM
There is strong demand for advisory services, says Bob Oros, Fidelity Clearing & Custody Solutions' executive vice president. Advisers are finding it easier landing jobs they want, and are prospering once they make the move, Fidelity's recent biannual study says.
The industry will be short about 10,000 advisers by 2020, Oros predicts. That means more opportunities may open up in wealth management for top recruits.
Click through our slideshow to find out more about the factors that drives this movement.
Why advisers want independence?
How many recruits seek independence?
Percentages of adviser moves grow for this group.
How often does young talent move?
Adviser moves pay off
Having more control over their practice is.