The Advice Industry: A Reckoning

As the wealth management industry enters a period of accelerated change, advisors are confronting forces that will reshape how firms are built, scaled, and sustained. In this wide-ranging discussion moderated by Avi Sharon, three leading industry thinkers—David DeVoe, James Grubman, and Mark Tibergien—examine the structural shifts redefining the advice profession. From the rise of institutional-scale “meta-RIAs” to an intensifying succession planning crisis and a growing shortage of advisory talent, the conversation explores why this moment represents both a reckoning and an opportunity for advisors willing to plan deliberately for the future of their firms and their clients.