Should You Opt for an Older or Younger Financial Adviser?

Do you want the wisdom that comes with age or the innovation that comes with youth? Or maybe you can have both, with an advisory team.

A pair of financial advisers work together at a table in an office.
(Image credit: Getty Images)

Age is a popular subject in the media these days, and we all know why. But age isn’t just debated at the national level about politicians. It’s also discussed closer to home about financial advisers.

If you begin working with a financial adviser when you first start your career, most likely you’ll have a financial adviser for 60 years or more through retirement. It’s unlikely to be the same individual. As Baby Boomers and older Gen Xers contemplate retirement, they’re probably wondering if their financial adviser is doing the same. That thought can be frightening, because our advisers know us so well. They know our hopes, our dreams, our goals and everything about our finances. If you’ve worked with your adviser for years, the thought of losing that individual and their constant, calming influence on your life is bound to be unsettling.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Jan Blakeley Holman, CFP
Director of Advisor Education, Thornburg Investment Management

Jan Blakeley Holman is director of advisor education at Thornburg Investment Management. She is responsible for identifying and creating advisor education programs that support financial advisors as they work with their clients and prospects. Jan has spent more than four decades in the financial services industry. Over the course of her career, she’s served as a financial advisor, an advisor to financial advisors and a financial services corporate executive. Visit Thornburg’s website to enjoy more of Jan’s articles and podcasts.