By Kayan Lim
Over the past few years the financial services industry has been struggling with the surging demand for financial advisors. Rather than looking to recruit fresh college graduates, financial services firms have largely ignored this demographic and instead have engaged in bidding wars with competitors for experienced advisors.
A recent Pershing study highlights the industry's dire need for new advisors, and aims to help firms understand how Gen Y can solve the industry's recruiting woes.
Here are six key takeaways from the study, titled ,i>Regeneration: How Gen Y Could Revitalize the Industry -- and Bring New Life to Your Firm.
,br> Read more:
• What Next-Gen Advisors Want
• Firms Face Advisor Talent Squeeze
• Gen Y Recruiting a Priority for the Industry
See a single-page version of this article here.