TD Ameritrade Institutional is continuing its efforts to attract and train the industry's next generation of independent RIAs.
The firm recently announced its sixth annual NextGen RIA Scholarships of $5,000 each to 12 students pursuing bachelor's degrees in financial planning, including two awards for students from underrepresented demographic groups.
According to Kate Healy, managing director of Generation Next at TD Ameritrade Institutional, the program has attracted more applicants with each passing year.
"We believe this points to a growing interest in financial planning among young adults, which gives me hope for the future of the RIA profession," Healy said in a statement.
This year's NextGen RIA Scholarship winners include five students from Utah Valley University — Mana Angilau, Kevin Cowan, Madisen Karlson, Colton Peck and Alex Graham — as well as two students from Virginia Polytechnic Institute & State University, Benjamin Kennedy and Patrick Marcinko.
