Which Advisor Group Is Growing Fastest?

The overall advisor population has been sliding -- and a new study finds that only one category of advisors is expanding to fill the gap.

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Comments (1)
Isn't it odd that the insurance industry accounts for the most advisors, given it is the most product sales centric market segment in the industry?
Perhaps that assessment is based on a different definition of advice and fiduciary standing, more aligned with product sales or advice being a product that is sold? It is rare that insurance agents are adept at more modern approaches to portfolio construction where there is a fiduciary duty to manage cost and full disclosure is essential.

Posted by Stephen W | Thursday, December 05 2013 at 4:06PM ET
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