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Long dominated by older professionals, the wealth management industry now faces a looming succession crisis. The average age of financial advisors in 2025 remains near 56 and research from Cerulli Associates reveals that nearly 40% of advisors are poised to retire within the next ten years. Yet there is cause for optimism as new talent continues to enter the industry: Last year, 57% of new CFP certificants were under 35, accompanied by record gains in gender and ethnic diversity. Enter this year’s Forbes | SHOOK list of Top Next-Gen Advisors Best-In-State, which spotlights emerging professionals from around the country, all of whom were born in 1986 or later.
Data provided by SHOOK® Research, LLC. Data as of 3/31/25. Forbes America’s Top Next-Gen Wealth Advisors ranking was developed by SHOOK Research and is based on in-person, virtual, and telephone due diligence meetings to evaluate each advisor qualitatively, a major component of the ranking algorithm t