It’s no secret that the advisor workforce is aging, and the old ways of recruiting and retaining advisors haven’t been sufficient in meeting demand for new talent in the industry. Some firms have turned to new, unique ways of advisor development and are seeing successful outcomes for their business.

Matt Ransom of Raymond James joins the podcast to discuss today’s advisor demographics and address some of the barriers of entry for those thinking about getting into the field. Plus, he shares how Raymond James’ award-winning* Advisor Mastery Program (AMP) has helped develop new advisors and increased retention rates for the firm.

For full show notes and links mentioned in this episode, visit https://www.bmogam.com/us-en/advisors/news-and-insights/developing-the-next-generation-of-financial-advisors/.

*In October 2017, Raymond James’ Practice Management was named a winner in WealthManagement.com’s Industry Awards in the Broker/Dealers: 1000+ Advisors Practice Management category. For more details, visit wealthmanagement.com.