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 cant find an RIA job."
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