Your business deserves the right next generation.
Owners: Find the advisor who could inherit your business.
Growth-minded advisors: Why build the next $100 million entirely from scratch if you can become the successor to an established practice?
Are you a financial advisor interested in growth and the opportunity as a successor?
If so, you’re in the right place – the Bridge Marketplace.
Are you among those advisors seeking the right successor for your business?
If so, you’re in the right place – the Bridge Marketplace.
Consider the facts:
- There are over 300,000 financial advisors.
- The average age of an advisor is ~58.
- More than 1/3 expect to retire in the next 10 years.
- Nearly 40% have no succession plan.
- More than 80% of advisors aren’t interested in changing firms.
About 50,000 advisors every year are unhappy enough with their current broker-dealer to consider changing firms. Many of these professionals seek to combine changing firms and joining a team with a goal of becoming the firm’s successor.
Financial advisors that are looking for successors may often be called sellers, as a broad descriptive term.
In reality, many are not ready to sell or ready to retire. They would prefer to bring someone into their firm to become a partner and part of their succession plan.
Bridge Marketplace provides financial advisors the opportunity to browse hand-selected potential retiring advisor opportunities listed by practice owners. These are pathways to join, partner with, and eventually succeed established advisors.
