10.27.25

The Talent Pipeline Is There; It's The Firms That Are Broken

by: Jennifer Lea Reed

A panel at eMoney’s 2025 Summit agreed that the financial planning industry’s perceived talent shortage is not due to a lack of candidates but rather to outdated firm structures and weak career development. Experts highlighted that nearly 80% of young advisors leave within five years due to unclear advancement pathways. Jamie Hopkins of FinServ Foundation emphasized mentorship and standardized career paths as solutions, while Hannah Moore of Amplified Planning noted that externships and structured training attract students and career-changers. Kellan Brown of 100 Women in Finance added that consistent mentorship, even in small doses, significantly improves retention. The panel concluded that firms must modernize culture, career frameworks and support systems to retain emerging talent effectively.

Read the full article on Financial Advisor