Nothing is ever easy. It seems like every time you get used to doing things one way, you're forced to redefine and adapt. And along with the changes in the political landscape, economic environment, product offerings and regulatory requirements, FAs are changing as well.
Baby boomers, the 77 million americans born between 1946 and 1964 are getting older and starting to retire. In fact, between 7,000 and 10,000 will hit 65 every day for the next 18 years! And it's not just clients. For program managers, thousands of bank advisors are boomers and they are also starting to retire, leaving the void to be filled by younger generations of FAs-Gen X and Gen Y. (In fact, there are some from the "silent generation"-people born before 1945-working in bank programs so it's possible for a program manager to have four generations of FAs working together.)
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