Simon Goldthorpe: How to attract and retain young talent in the current market

Recruitment options

clock • 4 min read

Training the next crop of financial advisers should be on the core agenda of any sustainable practice, writes Simon Goldthorpe. Here he explores the options available

The lack of young blood coming into the financial planning industry has been a growing concern for some time now. Financial advice is still very much in the shadows as a career path, so a key conundrum for many IFA businesses is how to engage with younger people and help them see it as a prosperous and long-term career. Overcoming this challenge will be essential for firms to be able to meet ever-increasing demand and develop their proposition to serve future generations. Let's start by looking at a couple of recruitment options. Apprenticeship schemes Employment schemes for ...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Majority of advisers say an intergenerational approach is important

Majority of advisers say an intergenerational approach is important

More than half claim to have an intergenerational business strategy

Isabel Baxter
clock 07 December 2023 • 1 min read
Advisers need to be 'proactive' ahead of April ISA lock-in date

Advisers need to be 'proactive' ahead of April ISA lock-in date

Advice firms warned of client loss if they do not explain potential risks

Isabel Baxter
clock 06 December 2023 • 1 min read
Advisers struggle to measure full fair value requirements

Advisers struggle to measure full fair value requirements

‘Demonstrating value is the thing that most businesses are struggling with’

Isabel Baxter
clock 30 November 2023 • 1 min read