The average age of CFPs fell below 50 this year – the first time in nearly a decade –offering hope that an industry dominated by aging advisors might be finally tilting towards a younger generation.

"I think it's a great thing for the industry," says Caleb Brown, cofounder of New Planner Recruiting, which helps place mostly younger planners with established firms. "We need more entrants.That's what it comes down to."

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