With 16,000 financial advisors expected to retire in the next decade, wealth management firms face a "war for talent." Due to this, some firms focus on flexible work environments, succession planning, and advisor-focused cultures to attract and retain top talent. These efforts will shape a more dynamic, tech-savvy industry where diversity and growth opportunities will drive long-term success for both firms and advisors. #WealthManagement
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More than a third of financial advisors will retire in the next decade, creating a headcount problem for the industry. Check out Financial Planning’s recent coverage on some of the talent retention and recruitment issues facing wealth managers. #financialadvisors #wealthmanagement #financialplanning
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Curious about the secretive world of family offices and their growing influence in global finance? Learn why these elite entities are set to reach a staggering $11.41 trillion in assets and what it means for the future of wealth management. Don't miss out. Read the full blog now! https://lnkd.in/gr3GdyRB #familyoffices #privateequity
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Curious about the secretive world of family offices and their growing influence in global finance? Learn why these elite entities are set to reach a staggering $11.41 trillion in assets and what it means for the future of wealth management. Don't miss out. Read the full blog now! https://lnkd.in/g9wkvV2r #familyoffices #privateequity
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Knowledge drop 💡 What’s shaping wealth management in 2025? Tech is transforming how firms operate. Clients want transparency and personalization. Younger generations are driving new expectations. The question isn’t whether things will change—it’s how quickly you can adapt. We’ve broken down the biggest trends you need to know. Read the full article on our website. 👉 https://lnkd.in/dzFTnDJb What do you think will define the future of wealth management? Let’s hear it. #Futora #WealthManagement #Wealthknowledge #Treands #WealthTrends #WealthManagementTrends
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WealthManagement.com's Davis Janowski spotlighted Farther’s most recent announcement of 32 new strategic hires – including top-tier advisors from Goldman Sachs and Universal Value Advisors. These teams collectively bring decades of experience in the wealth management space to our firm. Read the full article here: https://bit.ly/3LkNE2w. #gofarther #wealthmanagement #wealthtech #financialadvisor #teamfarther
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Corporate & Wealth Management Credit Advisory || Business Strategy and Planning || Consulting || Financial Services Expert
🌟 **PwC High-Net-Worth Investor Report Highlights** 🌟 📊 **Key Stats:** - **46%** of high-net-worth investors plan to change or add wealth management relationships in the next 12-24 months. - **39%** have already switched or added a new relationship in the past 3 years. - **66%** desire increased personalization in their wealth management relationships. 📈 **Main Insights:** - High-net-worth investors are seeking more personalized experiences, access to diverse products, non-traditional assets and services, and improved digital capabilities. - Traditional wealth management relationships are becoming less "sticky" as clients look for providers who can meet their evolving needs. 🔍 **What This Means:** - Wealth managers need to adapt to these changing expectations to retain clients and attract new ones by focusing on building targeted service offerings and expanding their product shelves - Emphasis on digital transformation and personalized service with curated digital l experiences is key to staying competitive in the industry. #WealthManagement #HighNetWorth #FinancialServices #Investing
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There is an optimistic outlook for wealth management M&A activity in 2025. As firms seek greater scale to navigate rising operational costs and regulatory pressures, private equity is increasingly investing in wealth managers. Despite challenges, the landscape is evolving, and firms that adapt through technology and innovative offerings are poised to thrive. Learn more here: https://heyor.ca/3sNl4J #IFMagazine #MergersAndAcquisitions #WealthManagement #UKWealth
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Family offices are reshaping the financial landscape, boasting a staggering $10 trillion in assets under management. This impressive figure rivals the retail wealth management sector's $26.9 trillion AUM, highlighting the substantial impact family offices have on the traditional retail wealth management market. To delve deeper into this industry dynamic, click here: ://https://lnkd.in/gzdNSpCe.
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$$$. Big bucks. That's how they're attracting new advisors! Funny how this article fails to mention the 300bps on AUM some of these firms are paying to aggressively attract talent. That's what's moving these advisors Investment Executive !! Let's get real. It's certainly not tech nor recruitment talent. It's easy to land advisors when you're paying such insane amounts of money to move assets. Quite possibly the only exception in this article would be Designed Wealth Management which is among the very few registrants who do things right and for the right reasons. This is why we're proud at New Outlook Wealth Inc. to partner with them as our CIRO distribution option for advisors who like the NOW wealth management model and our advisory solutions, but who wish to remain registered. #financialplanning #recruitment #independentadvisors #platformforplanners
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There is an optimistic outlook for wealth management M&A activity in 2025. As firms seek greater scale to navigate rising operational costs and regulatory pressures, private equity is increasingly investing in wealth managers. Despite challenges, the landscape is evolving, and firms that adapt through technology and innovative offerings are poised to thrive. Learn more here: https://heyor.ca/3sNl4J #IFMagazine #MergersAndAcquisitions #WealthManagement #UKWealth
