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There are hundreds of thousands of financial advisors in the United States today, but McKinsey predicts that we’ll face a shortage of 100,000 by 2034.
The demand for people to give financial advice in wealthy countries is nearly insatiable. The reason is not necessarily that money is a complicated topic—though that can sometimes be the case—it’s actually because financial decisions are emotionally stressful, and we’re prone to massive blind spots.
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