As the so-called "PowerBoomers" approach retirement, a surge of assets will begin leaving retirement plans and flowing into the open market.

And as they retire, this group, now between the ages of 40 and 60 with between $1 million and $2 million in assets, are likely to shed 25% of their advisers, according to Laura Varas, president of Mast Hill Consulting in Hingham, Mass., and research partner with Financial Research Corp. of Boston.

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