Updated Tuesday, September 16, 2014 as of 5:31 AM ET

Managing Gen Y: What Advisors Must Know

WASHINGTON -- For all the angst in the advisory industry about succession planning and how Generation Y will fit into the practice, advisor John Augenblick suggests that maybe younger workers aren't so different after all.

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Comments (1)
Not so fast! While it may feel good and even hopeful to say that Millennials are just like we Baby Boomers, the article omits the word "compensation." Until the industry's structurally deficient and functionally obsolete compensation model is overhauled completely along with its notoriously inadequate or non-existent professional development training, there is no hope to attract and retain the next generation of smart, motivated and committed individuals.
Posted by Neil W | Friday, March 21 2014 at 2:16PM ET
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