ORLANDO, Fla. -- Advisors need “maximum flexibility” to meet the retirement challenges facing today’s investors, Paul Cahill, managing director of National Sales at Virtus Investment Partners, said at the Raymond James Financial Institutions Division Symposium on Tuesday.

“Generations X and Y and the people coming behind it will be the first generation that has more living adult parents than adult children,” Cahill told the gathering of bank advisors, investment program managers and other financial professionals.

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