Updated Thursday, October 23, 2014 as of 12:44 AM ET

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Recruiting Deals 'Stratospheric' in 2013

Donald Jay Korn

The advisor population is “stagnant and aging;” older advisors may not relish the hassles of a moving to a new firm. Meanwhile, barriers to entry for new financial advisors remain high–less than 15% of trainees succeed in establishing a viable business.

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