Shop Talk: Turning millennials into financial advisers

Some 43 percent of financial advisers are older than 55, and the ranks of advisers in the United States has plummeted from 325,000 to 285,000 in just six years, a 12 percent decline. Young people simply have not been attracted to the industry in sufficient numbers. Max Winthrop, the 29-year-old CEO of Winthrop Wealth Management, and brother Lucas Winthrop, the firm's 27-year-old COO, discuss the problem — and its solution. (01/2018)