How to Determine How Much Your Financial Advisor Business Is Worth


The process of determining the worth of any business is known as “valuation." And if you've built a financial advisor business, you ought to know how to determine how much your financial advisor business is worth. Business owners don’t just go through this process when they need to sell their business. They might determine their company’s value when securing new investors or even applying for business financing, but most importantly for many financial advisors, it may be a part of your estate and retirement planning as often the value of a financial advisor’s business may be one of their largest assets. Read on to learn more about evaluating your business' worth. If you have any other questions, remember to contact our team at Bridgemark Strategies for a complimentary consultation. Get Your Answers Compare Your Business to Others (Market Value) This method is less direct and requires some research on your part. [...]

How to Determine How Much Your Financial Advisor Business Is Worth2022-08-09T13:34:43-04:00

Is Becoming an RIA Right for You?


There was a time when financial advisors were reliant on the size of their Rolodex and how close they were to Wall Street to grow their business. However, the advent of technology, more high-net-worth clients seeking out personalized services, and increased transparency from a fiduciary have led to a new class of wealth management professionals called Registered Investment Advisors (RIAs). […]

Is Becoming an RIA Right for You?2022-07-29T15:29:37-04:00

Savvy RIAs Leverage Fintech to Enhance the Client Experience


The most effective registered investment advisors (RIAs) have a knack for providing clients with timely advice that helps them bolster their financial health and protect essential assets. However, top-tier advisors can also take full advantage of emerging financial technologies, more commonly known as “fintech," to enhance the overall client experience. Fintech has forever changed the RIA industry and will continue to shape it in the coming years. If a registered investment advisor wants to be counted among the best in their field, then they must learn to leverage fintech. Benefits of Fintech for RIAs Here are the advantages of fintech: Improved Collaboration Fintech can improve every interaction between RIAs and their clients. Financial advisors can also use fintech to enhance the level of transparency with which they operate. Many fintech tools also have client-facing applications or interfaces that allow individuals to review their portfolio simply by opening a mobile app. These types [...]

Savvy RIAs Leverage Fintech to Enhance the Client Experience2022-06-24T10:25:21-04:00

Financial Advisor Recruiting Trends in 2020


Competition for top talent is fierce in Financial Services. Stay abreast of the latest financial advisor recruiting trends so you can get the edge over the competition, whether you’re recruiting or looking for your next opportunity. […]

Financial Advisor Recruiting Trends in 20202020-11-16T13:00:04-05:00

OSJs That Aren’t Hybrid May See Growth Decline


The flexibility custodians provide advisors are forcing OSJs to explore starting their own RIA to remain competitive.  As OSJs look to add advisors, they need to provide more resources and flexibility to attract advisors and differentiate themselves.  Being a hybrid firm with their own RIA is becoming one of those differentiators for firms.   Read More

OSJs That Aren’t Hybrid May See Growth Decline2020-08-03T14:31:22-04:00

Private Equity Will Fuel Recruiting Growth for Rest of 2020


The need to recruit new advisors,  fueled by the insatiable appetites for growth of private equity firms who own BDs and RIAs as well as the short term focus of publicly traded companies is going to heat up the recruiting wars and money available for the rest of the year.   Read More

Private Equity Will Fuel Recruiting Growth for Rest of 20202020-08-03T14:22:40-04:00

During Coronavirus, Advisors Must Focus On Their Business Too.


There is an expression we all know, "the cobblers kids have no shoes".   The metaphor implies cobblers are too busy helping their clients instead of themselves.  This can often be true of advisors as we see statistics in the industry supporting that theory, such as majority of advisors that don't have a succession plan or are too busy to focus on their own business. This article highlights many of the things advisors should focus on and should use this time where they are home to do so. Read More

During Coronavirus, Advisors Must Focus On Their Business Too.2020-08-03T12:38:03-04:00

IBDs Are Using Super-OSJs to Infiltrate The RIA Space


Increasingly advisors are evaluating becoming their own RIA and the risks and rewards of doing so.  This trend has created a new segment of firms for advisors to evaluate.  Hybrid-Super-OSjs, these firms can provide the scale that includes more affordable compliance and technology as well as a multi-custodial platform which advisors are seeking.  Some of these solutions are even owned by the IBD where others just look to partner with IBDs.  Anyone evaluating their own RIA should also consider this group as they are rapidly gathering assets and scale. Read More

IBDs Are Using Super-OSJs to Infiltrate The RIA Space2019-05-01T10:11:24-04:00

Surging Up Front Recruiting Checks Carry Significant Risks For Advisors


The recruiting wars are here.  It was just a matter of time before it happened to the Independent BD and RIA space.  With so much money being invested by private equity firms into IBDs and RIAs, we were going to inevitably have recruiting wars that was going to drive up deal prices.  The one thing all of these institutional investors have in common is an insatiable thirst for growth.  Be careful not to get caught up in "the deal" and do your due diligence for the right fit. Read More

Surging Up Front Recruiting Checks Carry Significant Risks For Advisors2019-05-01T10:00:13-04:00

Why The Super-OSJ Model Is Far From Doomed – Financial Advisor Magazine


Super-OSJs are not only here to stay for the long term, but some of them may outlast the Broker-Dealers.  There is no arguing that these firms are also competing and some are struggling in a margin compressing environment, but like so many other industries, the strongest won't just survive, they will thrive. Read More

Why The Super-OSJ Model Is Far From Doomed – Financial Advisor Magazine2018-10-12T09:42:57-04:00
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