BALTIMORE – Most RIA firms know they need new blood, but when it comes to interns, employers can be reluctant to spend time and energy to train aspiring advisers. Internship programs, though, can bring many benefits to companies and young workers, say planners who have run them.

“It’s a wonderful opportunity for our staff to learn some of the management concepts as they move up the career track,” said Jon Yankee, partner and CEO of FJY Financial at FPA’s annual conference. “It’s a great way to have our younger advisers learn somethings they otherwise would not be able to without this opportunity.”

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