After all, these are the kids who brought their parents up to speed on the "information superhighway"—helping them navigate smartphones, computer software and social media.
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"The bond with their parents is different; they grew up to feel like peers, and they came into the workplace feeling that they are peers with older employees," Tibergien said.
The brain drain facing the financial services industry comes at a time when traditional pension plans have vanished and millions of retirement savers are forced to make critical investment decisions for themselves.
As such, it's in everyone's best interest to cultivate—and retain—the next generation of financial advisors,Tibergien said.
"We have an oversupply of clients and an undersupply of people available to provide advice," he said. "There is a tendency for people in this business to expect all new hires to suffer as much as they did, but that doesn't get you very far when you're trying to develop young people."
—By Shelly Schwartz, special to CNBC.com