UNLOCK THE POWER OF THE VAULT

What Happens When Your IBD Is Sold

November 26, 2017

What Happens When Your IBD Is Sold

November 22, 2017 | Mindy Diamond | Wealth Management

sold

News of big M&A deals is becoming more frequent these days. But that doesn’t make it any easier for the advisor whose firm was just sold.

When LPL announced their purchase of four National Planning Holdings firms, it wasn’t just another day at the office for advisors in the independent broker/dealer space. “I feel like I’m riding a wave of disruptive uncertainty,” one IBD advisor said to me. “Are we next?” 

The feeling of “disruptive uncertainty” is quite understandable. The notion that everything you built your life’s work upon may change at any time can be quite unsettling. No one checks in with you first to see if you want things to change; it just happens. And when it happens, you feel like you’ve lost all power and control over your business life.

Read Full Article Here

 

Print Friendly, PDF & Email
Go Back
Ramón A. Rivera-Ramos
Blue Vault Nontraded REIT and Nontraded BDC Reviews
September 1, 2016

Blue Vault helps me to stay well informed on the financial status of both open and closed nontraded REITs and BDCs, so that I can help my clients better understand the product, before they make the decision to invest and after.