Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Retirement Planning > Retirement Lists

Fidelity: The Bell Also Tolls for Advisors

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

Financial professionals are aging along with their customers, according to Fidelity Investments.

Fidelity, Boston, has published data on the retirement plans of brokers and advisors in a summary of results from an online survey of 1,046 U.S. investment professionals that was conducted in late 2010.

The participants included financial professionals from independent broker-dealers, national brokerage firms, registered investment advisors, insurance companies, banks and regional broker-dealers.

Fidelity notes that Cerulli Associates, Boston, has found that the median age of a financial professional is about 49.

Fidelity found that the professionals who participated in its survey have an average expected retirement age of 68, with 19% saying they may not retirement until they are 71 or older.

But about one-third have not started to think about retirement, and 10% said they have started to think about retirement but are not sure when they want to retire.

- Allison Bell

Other advisory survey coverage from National Underwriter Life & Health:

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.