InvestmentNews' Year 1 advisers: Growing into the role

First year is marked by greater responsibility and personal investment as confidence grows

Mar 23, 2014 @ 12:01 am

By Liz Skinner

advice, adviser, year 1
+ Zoom

The four next-generation advisers InvestmentNews followed for the better part of the past year — their first in the financial advice industry — continue to work hard, hoping to impress their firms and earn the right to take on more responsibilities.

Each of these 20-something professionals is more confident than he or she was back in June when we first profiled our Year One class.

But some in the group also seem impatient that they haven't been given more of an opportunity to work one-on-one with clients. Those individuals would like more guidance on a path toward becoming a full-fledged adviser.

The class members also are weighing whether to take the certified financial planning exam before or after it becomes a one-day computer-based test in November.

In the meantime, they've had a year jam-packed with learning new skills, figuring out life in an office setting and otherwise enjoying the start of a career in financial advice.

In June, we'll introduce you to a new dynamic group of fledgling advisers and track them through their all-too-tenuous first year of ups and downs in the advice industry.

Read their stories:

'Skin in the game' makes it personal

Former service rep now gives advice

Refining the art of networking

Depth of analysis for every client

0
Comments

What do you think?

View comments

Recommended for you

Featured video

INTV

Advisor Group's Jamie Price: The real reason why most advisers don't have a succession plan in place

Eighty percent of advisers do not have a succession plan in place, though about half of them already know they will need to transition their businesses within the next 10 years, according to Jamie Price, president and CEO of Advisor Group.

Latest news & opinion

DOL Fiduciary Rule: What you need to know about Acosta's decision

Labor Secretary Alexander Acosta confirmed that the agency's fiduciary rule will become applicable on June 9. Find out what advisers and firms should know when it goes into effect.

Acosta declines to extend delay of DOL fiduciary rule

Labor Secretary finds no legal basis to delay implementation; rule to become applicable June 9

Phyllis Borzi says opponents of DOL fiduciary rule face uphill climb to further delay or dilute it

Former assistant Labor secretary who crafted the rule says President Trump won't be able to get rid of it simply because he doesn't like it.

Advisers go on the offensive, getting clients ready for the next market correction

Some proactive planners are spelling out for clients the impact of a 10% or 20% correction.

Shrinking talent pool puts strain on advisory firms

Attrition, cuts in training programs and new competition make it difficult to fill job openings

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print