Advisors with their sights set on the highest level of freedom and flexibility, plus the maximum ability to build long-term enterprise value, owe it to themselves to take a closer look at the RIA model.
Through the acquisition, Wealth Enhancement Group, which uses LPL for its brokerage business, helps the independent broker/dealer to retain another NPH team.
There’s plenty of opportunity, argued a panel of acquiring RIAs at Schwab IMPACT. But unrealistic expectations on the part of buyers and sellers mean there is far more “frog kissing” than actual matches.