Three former broker-dealer executives have opened a consulting firm focused on serving independent advisors and independent firms.
According to Bridgemark Strategies CEO and Co-Founder Jeff Nash, “Gone are the days when a so-called ‘recruiter’ working under a simple transactional model could support the delivery of an effective solution set for advisor transitions, home office executive recruiting or M&A support.”
Advisors and firms need to work with professionals who can offer them a more “strategic and longer-term approach” to business and talent transitions, explained Nash, who recently led the Nash Consulting Group (2013-2017) and earlier was senior vice president of business development, business consulting and advisor transitions at LPL Financial (1999-2012).
Nash is working with James Sorey, formerly head of recruiting for Lincoln Financial Network (2015-2017). Sorey spent much of his career at LPL (2002-2015) and now is head of Bridgemark’s executive-search unit.
“Aligning the right talent with the right position within broker-dealer and RIA home office teams has escalated in complexity,” Sorey explained in a statement.