Internship programs are essential to prepare future financial advisors, bridging the talent gap

From Yahoo Finance: 2025-06-23 11:52:00

Registered investment advisor Halbert Hargrove focuses on training and hiring interns to build its firm, with about 10 employees coming from the intern program. Industry watchers note a shortage of financial advisors by 2034, making internship programs essential to bridge the talent gap. Utah Valley University’s financial planning program is helping change the perception of wealth management careers. Modera Wealth actively recruits interns on college campuses, tailoring programs to meet office needs. The program aims to attract the next generation to the space by emphasizing trust and authenticity.

Internships at Lido Advisors offer participants exposure to various roles in the wealth management sector, with opportunities to explore client-facing, data analytics, legal, and compliance positions. The firm has seen success in recruiting interns, with several transitioning to full-time roles. Strategic partnerships, like those with C5LA, help identify potential candidates for internship programs. Halbert Hargrove’s Kiemle emphasizes the value interns bring to the firm, driving innovation and advancing workflows. Internship programs are crucial in preparing the next generation of financial advisors and shaping the future of the industry.



Read more at Yahoo Finance: The Role of Internships in Filling the Advisor Pipeline