Despite favorable demographic trends (retiring Baby Boomers), the number of financial advisors in the United States has stagnated. Couple this with the fact that over 52% of all financial advisors are 50+ years old, and we believe the industry is headed towards a catastrophic supply and demand problem.
Only those organizations that can differentiate themselves from the competition and develop a proactive recruitment strategy will be able to capture market share over the next 10 years.
Over the last 10 years, The RIO Group has developed a network of over 55,000 advisors within key markets across the United States. Just as important, we have developed expertise in identifying the advisor’s true career motive, which allows us to align them with your culture and unique requirements.
Most importantly, we have proven success in developing proactive, sourcing strategies that can reduce your recruitment costs in this industry by over 50%.
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