The Looming Advisor Shortage

The U.S. wealth management industry is growing rapidly, with assets under management projected to hit $73 trillion by 2030. However, by 2034, a shortage of 100,000 advisors is expected due to retirements and low recruitment. While technology evolves, human financial advice remains vital. To address this gap, firms are hiring career changers for their transferable skills and fresh perspectives—an approach that aligns with Support to Succeed’s mission.