At a glance
- The report, "Mind the (Development) Gap," drew responses from 132 RIA representatives surveyed between March and May.
- Forty-three percent of those 132 representatives reported clearly articulated career paths for advisers.
- Retirement-focused advisers with affluent clients can broaden the business into estate, philanthropy and wealth-transfer planning, said Chayce Horton, associate director of Cerulli Associates' wealth management practice.
Only 10% of RIA representatives said their firms offered robust training programs for junior advisers, according to DeVoe & Co.'s 2026 Talent & Growth Report, as reported by PLANADVISER — Advice. The report, "Mind the (Development) Gap," drew responses from 132 RIA representatives surveyed between March and May.
Forty-three percent of those 132 representatives reported clearly articulated career paths for advisers. Fifty-nine percent said their firms had clear, methodical incentive compensation plans, the highest level DeVoe has recorded, and 28% said their firm's next generation of leaders is highly prepared to assume leadership responsibilities.
Retirement-focused advisers with affluent clients can broaden the business into estate, philanthropy and wealth-transfer planning, said Chayce Horton, associate director of Cerulli Associates' wealth management practice. "If those planning conversations are not being had with the plan adviser, then they're being had with somebody else who will be willing to have those conversations," he said.
Junior training trails every other talent practice
Share of 132 RIA representatives reporting each practice at their firm, March-May
- Clear incentive compensation plans59%
- Clearly articulated career paths43%
- Next-gen leaders highly prepared28%
- Robust junior-adviser training10%
Show as table
| Item | Value (%) |
|---|---|
| Clear incentive compensation plans | 59% |
| Clearly articulated career paths | 43% |
| Next-gen leaders highly prepared | 28% |
| Robust junior-adviser training | 10% |
If those planning conversations are not being had with the plan adviser, then they're being had with somebody else who will be willing to have those conversationsChayce Horton, associate director of Cerulli Associates' wealth management practice
Reported by the Practice management desk from PLANADVISER — Advice and DeVoe & Co. 2026 Talent & Growth Report. Published . Corrections