 Advisors in the broker-dealer channel want to work at well capitalized and stable firms, while fee-based advisors are looking to RIAs or hybrid firms."Howard Diamond, COO and general counsel, Diamond Consultants.
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Frantic M&A Activity Means Instability for Small-Firm Advisors
Alex Padalka | Financial Advisor IQ, March 2016
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Summary: The robust pace of mergers and acquisitions in the advisor space is causing many advisors to look for more stable broker-dealers, eFinancialCareers writes. And advisors looking to move to smaller firms this year may want to think twice, according to the publication
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