The RIA space is losing some of its brightest potential stars to higher-paying careers in banking and insurance, says recruiter Caleb Brown. 

"It's difficult to succeed as an entry-level planner because there is little training and firm owners’ expectations are very high," says Brown, who graduated from Texas Tech's financial planning program in 2002. "Sometimes freshly minted CFP program grads have to go to an insurance or investment company if they can’t find an RIA job."

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access