Financial planners moving to new jobs are jumping less hurdles and increasing AUM
Advisers have fewer challenges and are finding greater success switching firms and going independent, according to a recent industry study.
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.