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Ranks of Advisors Declining

Saturday, May 03 2014

News Roundup

Written by PFA News

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A new Cerulli Associates study finds that there were 307,623 financial advisors in 2012, down 4.4% since 2010 and 9.4% since 2004. So reports CNBC.

An estimated 43% of advisors are older than 55, while the average age of an advisor is 50.9.

Read the full article from CNBC.

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