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2020 Jon's White Paper, "LBO Private Equity Makes Its Mark in the IBD Channel" provides an analysis of Cetera and The Advisor Group's leveraged buyout entry into the independent broker dealer space and what it means or advisors. ...
June 4, 2018 By Jon Henschen, WealthManagement.com Every year, WealthManagement publishes its IBD Report Card. The 2018 report card, released on March 30, gives fresh data on the condition and perceptions of the independent broker/dealer channel. The annual survey asked advisors from IBDs to rate their firms on a scale of one to 10, with one being unacceptable to 10 being outstanding. One of the survey questions asks, “How likely are you to still be affiliated with your current b/d two years from now?” As a recruiter in the IBD space, we give weight to this question because it reflects the level of loyalty advisors have toward their broker/dealers. Combing through the numbers, the stats for the b/ds that make up the Advisor Group unexpectedly jumped out at us. Looking at the categories, the percentage of advisors...