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McKinsey Estimates Advisor Shortage of 100,000 by 2034

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Wealth Management

WealthManagment.com Daily Memo

FEBRUARY 11, 2025

INDUSTRY NEWS

McKinsey Estimates Advisor Shortage of 100,000 by 2034

The consulting firm says the wealth management industry can address the shortage by boosting productivity levels and attracting new talent.

Editor’s Note: A Website Refresh

We’ve made the website easier to navigate, with a cleaner design and a revised architecture to help you find the information most useful to you.

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RIA NEWS

Fidelity: PE Fueled Record 89% of RIA Deals in 2024

Fidelity’s 10th annual M&A report shows compound annual acquisition growth of 14% in the U.S., with no signs of slowing.

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ALTERNATIVE INVESTMENTS

Private Markets Investments Firm Cresset Partners Rebrands as Peakline Partners

The new name reflects the investment division’s separate identity from $65 billion wealth manager Cresset.

CAREER MOVES

Top Hollywood Attorney Joins Wealth.com’s Legal Team

Kathy Wunderli has about two decades of experience in private wealth. She called the company’s legal team “second to none” in digital estate planning.

WHITE PAPER

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