Allie Brunwasser

Dec 9, 2024 | thinkadvisor.com | Jason Diamond |Allie Brunwasser

Many firms offer “sunset” or “retire-in-place” programs that effectively finance the transition of the book. Strategic buyers often have deep pockets and are highly experienced at advisor transitions. Not all buyers are interested in exerting control over an acquisition target. The wealth management industry has a major impending crisis: a shortage of quality next-gen advisor talent. But there is another wrinkle to this issue that’s often overlooked.