What are the keys to growing and retaining future leaders?
In a first-of-its-kind study, Fidelity spoke with more than 30 young, successful advisors to understand the journeys they have taken in their careers and the ways that firms can contribute to their development. We uncovered three important phases in cultivating advisor talent and specific steps that firms can take to help these advisors successfully navigate their careers and have a lasting impact on their businesses.
1] STABILIZE: Help young advisors get established
Provide the support and tools necessary for success through mentoring, training, and teamwork.
2] EVALUATE: Identify high performers in whom to invest
Evaluate and select advisors that have the traits and behaviors required to become future leaders.
3] ACCELERATE: Enable top talent to excel
Understand advisor goals, and take steps to accelerate their successes and mitigate obstacles in their paths.
For additional resources to help develop and retain future leaders at your firm, Get Our Insights.