Notes from the edge of a talent crisis
Wealth management leaders have no shortage of things to worry about. Reg BI and other emerging regulations, shifting investor preferences and investment strategies, and rampant consolidation are just a few of the existential threats on the horizon. What makes these threats so scary is their unpredictability. No one knows what the future holds when it comes to the economy, or the regulatory landscape, or the M&A market. However, there’s another threat that’s much more predictable, yet no less serious:

Most financial advisors are getting older, and there aren’t enough young advisors to replace them when they retire.

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About Docupace:
Docupace is a leading digital operations technology provider that simplifies how wealth management firms process and digitize data, increasing efficiency, productivity, and profits. With the secure, cloud-based Docupace Platform, the Docupace team provides a suite of digital solutions that helps broker-dealers, RIAs, and their advisors streamline and automate client onboarding, document management, advisor transitions, Regulation BI, cybersecurity, and other critical workflows while maintaining SEC and FINRA compliance. With headquarters in Los Angeles, California, Docupace is proud to serve a variety of firms, including some of the largest in the financial services industry, through a combination of proven technology and hands-on service.

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