By Kayan Lim
Over the past few years the financial services industry has been struggling with the surging demand for financial advisors
. Rather than looking to recruit fresh college graduates, financial services firms have largely ignored this demographic and instead have engaged in bidding wars with competitors for experienced advisors.
A recent Pershing study
highlights the industry's dire need for new advisors, and aims to help firms understand how Gen Y can solve the industry's recruiting woes.
Here are six key takeaways from the study, titled ,i>Regeneration: How Gen Y Could Revitalize the Industry -- and Bring New Life to Your Firm.
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