When Your Broker/Dealer Faces Crisis: Top Four Steps for Independent Advisors
Authored by Jeff Nash, CEO & Co-Founder, Bridgemark Strategies
Over the last two years in particular, we have witnessed a series of events that have been highly disruptive to a number of retail broker/dealers. From private equity takeovers and bankruptcies, to multimillion-dollar compliance fines and class-action lawsuits, the b/d space has been knocked around quite a bit. When you add regulatory anxieties and consolidation fears to this mix, you produce an atmosphere that is driven by fear, especially among independent advisors concerned about the future of their businesses when their B/D is in crisis mode…
