Gateway Financial Partners Launches "Gateway Elevate for Next Gen Advisors" in Exclusive Partnership with Coach Joe Lukacs

GLASTONBURY, Conn., Aug. 24, 2026 /PRNewswire/ -- Gateway Financial Partners, one of the nation's fastest-growing hybrid RIAs supporting 200 affiliated financial advisors across 24 states, today announced the launch of Gateway Elevate for Next Gen Advisors, a comprehensive coaching and development program created in exclusive partnership with veteran advisor coach Joe Lukacs, founder of the Magellan Network.

The launch comes as the financial advice industry confronts a mounting talent crisis. According to Cerulli Associates, approximately 72% of rookie advisors fail or leave the industry within their first few years, while more than 109,000 advisors, roughly 37.5% of total industry headcount managing 41.5% of industry assets, plan to retire over the next decade. Industry estimates place the cost of a single failed next-generation advisor at $646,000 to $1,000,000 in lost investment and replacement costs.

"For more than 30 years, Gateway has grown by investing in our people, and Gateway Elevate is the next chapter of that story," said David Wood, Founder and Chief Visionary Officer of Gateway Financial Partners. "The industry loses three out of four new advisors, not because they lack talent, but because the moments that make or break a young advisor happen when no one is there to coach them through it. We're closing that gap. Joe has been my personal coach for years and already works with more than 30 advisors across our organization. No one is better equipped to develop the next generation of Gateway advisors."

Built on Lukacs' Magellan Elevate platform, which draws on 32 years of coaching methodology and more than 70,000 coaching sessions, the program provides participating advisors with a daily development ecosystem that includes 24/7 access to an AI coaching assistant trained on Lukacs' proprietary methodology, daily early-morning strategy and mindset coaching videos, monthly live small-group mentoring with Lukacs, a dedicated integration coach providing weekly accountability, weekly live office hours, and a library of more than 100 hours of masterclasses covering referral development, centers of influence, client review frameworks, and practice management

"The advisors who make it aren't the ones with the most talent. They're the ones with structure, accountability, and coaching in the moments that matter," said Joe Lukacs, founder of the Magellan Network. "David and the Gateway team have built a culture where development isn't left to chance. Bringing Elevate exclusively to Gateway's next generation is a natural extension of the work we're already doing together."

About Gateway Financial Partners

Gateway Financial Partners is an independent, SEC-registered hybrid RIA headquartered in Glastonbury, Connecticut, supporting 200 affiliated financial advisors. Gateway empowers independent financial advisors with comprehensive leadership, operational, marketing, and technology support, helping practices scale efficiently and deliver exceptional client service while maintaining full ownership and autonomy. Learn more at joingateway.com.

About Coach Joe Lukacs & the Magellan Network

Joe Lukacs is one of the most experienced financial advisory professional coaches, with 32 years of coaching methodology and more than 70,000 coaching sessions with financial advisors. His Magellan Network and Magellan Elevate programs provide coaching, training, and mentoring ecosystems for advisors at every career stage.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Gateway Wealth Partners, a registered investment advisor. Gateway Wealth Partners and Gateway Financial Partners are separate entities from LPL Financial.

Media Contact:
Silvi Weatherill
8606524360
[email protected]

SOURCE Gateway Financial Partners