Why a BD-Affiliated Business Owner Would Sell to an RIA - Interview with Bastoni Financial Services
Why would a successful independent advisor with his own RIA and an affiliation with a quality major independent broker dealer choose to merge his firm with an RIA 40 times his size?
One reason might be striking while the iron is hot. Others include setting up an eventual succession plan, gaining the benefits of scale, help with growth and gaining equity in a firm that is growing faster and more reliably than his or her own firm. If the end of 2020 is any indication, 2021 could be another record year for M&A activity.
On this episode of State of the Industry podcast, we welcome Scott Hanson: Co-Founder, Allworth Financial (Host) and Dave Bastoni: Founder and Principal of hybrid advisory firm Bastoni Financial Services.
To learn more, please visit: https://allworthpartners.com/
It is Free