Being a Financial Advisor is truly one of the greatest businesses in the world. If you are currently an Advisor, never take a day for granted. Your ability to truly have your own business and impact so many lives is a blessing. Here are some interesting facts for those who are in the business, just starting into the business or for those contemplating being in the business.
In the United States, there are approximately 1.3 million Attorney’s, roughly 850,000 Physicians and about 650,000 CPA’s. There are only about 308,000 Registered Investment Advisors. Of those, the average age is about 52. Cerulli estimates that 12,000 to 16,000 will retire every year for the next 10 years. This group of highly talented individuals have access to about $40 Trillion of Household Assets. Is it possible to get it all with banks, insurance companies, etc., vying for those dollars? No! But, the opportunity is incredible for those who love to help people and for those who enjoy holding themselves to a higher standard.
We at Advisors Ahead love being in this business and helping the Incoming Next Generation of Advisors and the Sr. Advisors who wish and enjoy engaging with us. Have a great day!