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Financial Advisor Transition Tips

2021-03-17T09:50:38-04:00

Are you planning on making a change? Whether you’re changing broker-dealers, starting or joining an RIA, or looking for M&A opportunities, it’s important to plan your transition carefully. To help, review these financial advisor transition tips from Bridgemark Strategies. […]

Financial Advisor Transition Tips2021-03-17T09:50:38-04:00

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 [...]

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. [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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

Third Party Exams Are Looming for RIAs

2017-12-13T17:18:08-05:00

For the last several years we have repeatedly heard about successful advisors leaving their Broker/Dealer and "breaking away" to become an RIA.  There are many different and personal reasons advisors choose to break away.  However, there are two benefits that have been applicable to just about everyone.  The first has been a higher payout than working [...]

Third Party Exams Are Looming for RIAs2017-12-13T17:18:08-05:00