It's no secret that financial planners are in short supply these days.
With an aging advisor population — more than half are over 55 — and not a whole lot of newbies coming in to take up the slack, the area is ripe for growth. In fact, the U.S. Bureau of Labor Statistics has put its estimate of the potential for job growth within the field at 27 percent through 2022; that's considerably more than the 11 percent the BLS anticipates for job growth as a whole nationally.
Some financial firms are rising to that challenge, as BenefitsPro reported earlier about TD Ameritrade. And now Northwestern Mutual has jumped on the bandwagon, announcing that it will recruit 2,000 full-time financial representatives and more than 3,000 college interns across the country.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
