The industry needs people. The financial planning sector is losing about 3,000 to 4,000 advisors annually who aren’t being replaced, creating an “acute crisis,” as Pershing Advisor Solutions CEO Mark Tibergien told the audience at the Deals & Deal Makers Summit this fall.

With a shortage of experienced wealth managers to recruit, one key solution is to recruit and train new graduates. But as advisors know, finding the right people and cultivating their development is a challenging task.

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