Some models require synthetic oil and only need to be changed every 10K miles. An older car with that many miles should be changed no more than 5K regardless of oil type. The 3K oil changes are a scam, unless you do lots of hard, city driving. Greg Â· 1 decade ago.
The average age of financial advisors is 50.9 and 43 percent are over the age of 55, according to new research from Cerulli. Nearly one-third of advisors fall into the 55 to 64 age range, reports Kenton Shirk, associate director at Cerulli.
The pending retirement boom is due to the rising average age of advisors, Accenture says. The average U.S. advisor is about 50 years old, and advisors over 60 years of age control $2.3 trillion in assets, according to the firm. Firms will also have to deal with recruiting younger advisors because only 5 percent of advisors are under 30 years of age. In spite of the anticipated increase in retirements, only 29 percent of advisors have a succession plan, and therein lies the problem, Accenture says.