Mentoring Millennial Advisers

Mentoring Millennial Advisers

Research being done by Hartford Funds is currently focused on supporting the influx of younger financial advisers.

A white paper is expected to be released shortly. Hartford Funds has already clearly stated that while it’s undoubtedly not an easy business to get into, especially with the computerized advancements that continually occur, adopting a team approach seems to be the most effective way to bring younger advisers into the field.

By combining team work with mentoring by more senior advisers, not only does it improve the training process for the millennial advisers, but it creates a solid segue that benefits everybody – older advisers, younger ones and clients. Understandably, some older clients might not feel comfortable working with someone in their 20’s or 30’s, so this team approach supports a stronger sense of trust.

Additionally, millennial advisers augment securing younger clients.

Bill McManus, Hartford Funds’ director of strategic markets stated, “…what is perhaps most interesting is that, even among the youngest generation of advisers working right now, the importance of personal relationships was constantly cited. Millennial advisers expect this to remain a relationship-driven industry, even as technology pays a bigger role as well.”

Most certainly, the financial adviser field is, and will undoubtedly stay driven by trusted personal relationships!

The team at QBI is focused on creating and maintaining trusted relationships with the financial advisors that refer and retain business!

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