Trend-watching financial advisors are now offering a home to clients’ “orphan” retirement plans, and taking advantage of this often-overlooked opportunity to add to their assets under management.

These orphaned assets, which sit in 401(k) plans that get left behind and neglected when mass affluent professionals switch jobs, offer a huge opportunity to savvy advisors, according to Teresa Epperson, managing director in the Financial Services Practice at AlixPartners, a management consultant that recently conducted a study of dormant retirement plans.

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