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In this episode, Wallace Blankenbaker, Founder and Managing Partner of the Retirement Leadership Forum, and I discuss the trend toward aggregation among retirement plan advisory firms and the related consolidation of wealth management organizations.
In this episode, Wallace Blankenbaker, Founder and Managing Partner of the Retirement Leadership Forum, and I discuss the trend toward aggregation among retirement plan advisory firms and the related consolidation of wealth management organizations.
As you will hear, several hundred advise firms have merged in the last several years, aggregating into large-scale organizations. The resulting synergies, operational efficiencies, and expanded services have helped propel these groups to a competitive advantage. However, the pace of aggregation is beginning to slow, and changes may be on the horizon that reshape the advice landscape in both the retirement plan and wealth management realms.
Some of the topics we discuss in this episode include the following:
· An overview of the pace and scope of aggregation over the past several years,
· Drivers of this consolidation, both now and in the future,
· Challenges related to executing aggregation strategies,
· What might be next for these firms as they begin to reach timing and economic milestones related to their mergers,
· Potential opportunities in the near future for these firms,
· Benefits for plan participants and sponsors of retirement plan advisory firm aggregation,
· Advice for buyers and sellers going forward,
· And more
Links and Contact Information
· The Retirement Leadership Forum website
Disclosures and Disclaimers
· Nothing in this episode is intended to be, or is, financial or legal advice,
· Statements and opinions expressed by those interviewed for this episode do not necessarily reflect those of the host, Matt Smith, and
· The content in this episode is not a paid promotion.
And Finally
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