At Bridgemark, our services are paid for by the Broker/Dealers, Custodians, RIAs and Aggregators. These firms all budget money to pay third party recruiters to provide them leads and the rate is fairly uniform across the industry. Bridgemark is able to tap into that budget to provide independent, unbiased, objective and financially agnostic advice.
Over the last 15 years we have experienced dramatic consolidation of Broker/Dealers, yet paradoxically the amount and complexity of choice has increased. Today there aren’t just Broker/Dealers to evaluate. There are also new categories such as Hybrids (which combines RIAs and Broker/Dealers), aggregators, acquirers and successors, service providers, custodians and even RIAs to “tuck into”. Then with any of those choices you must consider how the rapidly changing regulatory environment may impact you. What was once a simple decision about joining a Broker/Dealer may actually have you considering multiple different options just within that one firm.