jeffnash

About Jeff Nash

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So far Jeff Nash has created 85 blog entries.

Financial Advisor Compensation Trends in 2021

2021-04-20T08:45:01-04:00

If you’re considering making a move to a new opportunity or are currently recruiting financial advisors, it is important to be aware of the latest financial advisor compensation and pay trends. We’ll cover the latest trends to help inform your negotiations. […]

Financial Advisor Compensation Trends in 20212021-04-20T08:45:01-04:00

How to Find a Buyer for a Financial Advisor’s Book of Business

2021-03-08T11:25:41-05:00

Based on the numbers, finding a prospective buyer for a financial advisor’s book of business shouldn’t be all that difficult. Today, there are fifty buyers out there for every seller. Those numbers sound good, but financial advisors look for quality, not quantity. Your book of business is not a retail product to be sold to the highest bidder. It’s a list of clients that you have a fiduciary responsibility to. That doesn’t change when you sell the business or retire. Transitioning is about finding a buyer who will properly service your clients. In addition to adhering to your fiduciary standards of client care, the buyer also needs to be willing to meet your price. That willingness will be based largely on how you handle the sale. In this article, we’ll discuss how to find a buyer for a financial advisor’s book of business. We’ll go over timing, buyer options, and the [...]

How to Find a Buyer for a Financial Advisor’s Book of Business2021-03-08T11:25:41-05:00

How to Choose the Right Broker/Dealer for You

2021-02-22T13:37:53-05:00

The ever-increasing demand for holistic wealth management has created an increase in Broker/Dealer changes. Independent Broker/Dealers (IBDs) are the main beneficiaries of this trend. Is that the direction you are heading? In this article, we’ve outlined the process for how to choose a Broker/Dealer, including a list of questions to ask during the “interview” process. This information is for established advisors and firms seeking a Broker/Dealer affiliation and change. […]

How to Choose the Right Broker/Dealer for You2021-02-22T13:37:53-05:00

How to Become an Independent Financial Advisor

2021-01-29T09:19:37-05:00

The time has come to make a decision. Do you want to be an employee or a business owner? The former comes with a certain level of security. The latter offers independence and a chance to build something on your own, which can ultimately lead to a highly valuable and sellable company. This article is not meant to sway you in one direction or the other, but the benefits of independence abound in a scenario where one third of the workforce will be moving on in the next decade. If you’re wondering how to become an independent financial advisor, these are the steps you need to take. […]

How to Become an Independent Financial Advisor2021-01-29T09:19:37-05:00

Buying an RIA: Essential Tips & Strategies

2021-01-12T15:11:44-05:00

One of the proven ways to increase revenue and scale your existing advisory practice is to acquire or merge with another firm. Mergers are also a solution to gain instant scale by aligning with a larger firm. Whatever your reasons, there is a process to buying an RIA. It’s not something that you should venture into without first doing your homework. In this article, we’ve laid out some helpful tips and strategies to help you successfully complete an acquisition. […]

Buying an RIA: Essential Tips & Strategies2021-01-12T15:11:44-05:00

Best Practices for Recruiting Experienced Financial Advisors

2021-01-05T14:58:09-05:00

Conservative estimates predict that over fifty percent of active financial advisors will retire in the next ten years. Meanwhile, less than five percent of advisors are under thirty years old, with fewer and fewer young people entering the field every year. What does all of that mean for recruiting? It’s a seller’s market for experienced financial advisors. Your firm will need to have a solid value proposition and attractive compensation package if you want to have any chance of landing a new partner or associate. Let’s take a look at the best practices for recruiting experienced financial advisors, so you can attract top talent. […]

Best Practices for Recruiting Experienced Financial Advisors2021-01-05T14:58:09-05:00

Negotiating Financial Advisor Recruiting Packages & Bonuses

2020-12-01T14:09:53-05:00

January is one of the busier recruiting months of the year, so December is a good time to evaluate your next move. Is the allure of independence drawing you toward the RIA path or are you looking at Broker/Dealer compensation packages? In either case, negotiating financial advisor packages and bonuses is crucial. Here’s what you need to know. Bridgemark Strategies is a leading financial advisor recruiting and consulting firm. Contact us today for help discovering and vetting new firms so you can make the best choice for your needs. […]

Negotiating Financial Advisor Recruiting Packages & Bonuses2020-12-01T14:09:53-05:00

RIA vs Broker/Dealer: Pros & Cons for Advisors

2020-12-01T14:01:23-05:00

RIAs are free to charge their own fees and manage money as they see fit. Broker/Dealer representatives are bound by the rules of their employer or Broker/Dealer, but they have a wider variety of financial products to offer to their clients. Which of these is the right choice for you? In this article, we’ve outlined the pros and cons of RIAs and Broker/Dealers for advisors. We’ve also included a section on independent broker dealers (IBDs), an increasingly popular choice that offers a combination of both worlds. With 2021 on the horizon, this is a good time to review your options.  […]

RIA vs Broker/Dealer: Pros & Cons for Advisors2020-12-01T14:01:23-05:00
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