Long-term investors should look beyond stock market volatility
Market volatility can be unsettling, but history shows that prices have returned to less volatile patterns over time. That can be good news for long-term investors.
A recent study found that firms with Millennial advisors on their teams saw assets increase by an average of 20% annually, compared with 11% for those who didn’t.1
The Next Gen Advisor program will help leaders understand generational personalities and help them become more effective at recruiting and retaining the next generation of financial advisors.
Our industry is in the midst of a labor shortage. While the demand is high to fill open roles, Millennials are showing little interest in pursuing a financial advisor career path. As a result, by 2026 there will be a shortfall of over 312,000 advisors.1 So how do you attract the young talent?
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