Compeer research shows that the UK wealth management sector has experienced a significant growth in assets in recent years. There are close to 37,000 people directly employed in the industry and as the average age of advisers continues to rise, the next generation of wealth managers need to come from somewhere.
In this competitive environment, attracting millennials to their workforce could be highly beneficial for the wealth management firms and a hidden route to expanding their client base to include younger clients. Using Compeer’s data, our parent company Parkwell will be looking at the important question of what it takes in this tech dominated age to attract the brightest and best of this generation working in the sector?
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