News BrokersInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

What happens to wealth advisors when P&C brokers buy them out?

November 4, 2022 Philip Porado

Succession planning is a key component of the acquisition strategies employed by P&C brokers buying wealth management, retirement planning and employee benefits advisories. That said, P&C brokerage buyers aren’t looking for the sellers to leave right away after the sale.…

News BrokersInsuranceMarkets / CoveragesMergers and AqcuisitionsProductsProfessional Development

How to find P&C talent by acquiring wealth planning advisories

October 27, 2022 Philip Porado

Frequent announcements about Canadian P&C brokerages buying retirement and wealth planning advisories raises an interesting question: What do the acquirers offer to the employees of the firms they buy? The short answer is development opportunities, said Terri Botosan, regional president…