Tibergien, for one, is more hopeful about the future labor pool. “I don’t fear it as an industry because people will see there’s an oversupply of clients and an undersupply of people providing advice,” he says. “Sounds like a good place to build a career. I think the greater risk is to individual firms that don’t prepare for the evolution of their business and who’ll lose out on making an impact on what their industry will look like.”

The advisory profession has indeed come a long way, baby, and a generational shift over the next 20 years will move it along even further.

 

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