Blogs

Why Consolidation Isn’t Killing Independence But It Is Quietly Reshaping Advisor Power For the last several years, the headlines have centered on consolidation. Private equity capital. Mega-mergers. Platform integrations. Technology expansion. Economies of scale. If you follow industry coverage from publications like InvestmentNews or WealthManagement.com, the dominant narrative seems obvious: growth through acquisition is the […]

Let’s be honest—most advisors don’t change broker-dealers because everything is “fine.”They change because they’re tired of being just another rep number in a bloated firm.They change because they’re tired of explaining negative headlines to clients.They change because deep down, they know they’ve outgrown where they are.If that sounds like you, you’re not alone. Right now,

By Dave Reyna | RepInfo Center 2025 is shaping up to be a record-shattering year in the world of financial advisor transitions. Already by May 2025, over 10,818 advisors have changed broker-dealers—and that number is on track to eclipse last year’s total of more than 25,000. This is no longer a quiet migration; it’s a

Commonwealth and LPL: A Historic Deal—But What Comes Next for Advisors? LPL Financial’s $2.7 billion acquisition of Commonwealth Financial Network marks a major shift in the independent broker-dealer landscape—and it’s raising important questions for advisors. LPL and Commonwealth leadership have emphasized continuity in culture. They have also focused on maintaining branding and service. However, experienced