Whether you work for a bank or a wirehouse, you’re probably seeing many of your fellow advisors going gray. You may even have a few — or more than a few — grays of your own.
The changing hair color shouldn’t surprise you. The average advisor today is 55 years old, according to Tiburon Strategic Partners, a strategy consulting and market research firm in Tiburon, Calif. Bank advisors are slightly younger. They’re 52. Tiburon estimates that more than one-third of all advisors — 36% — are over 55. Only 13% are under 35.
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