Bedford and Main and LaRoche Research Form Strategic JV Targeting Broker/Dealer Acquisition Candidates

Bedford and Main Financial Consulting, Inc. and LaRoche Research Partners LLC announced this week that the firms entered into a joint venture agreement targeting Broker/Dealers for potential mergers, acquisitions or sales to other Financial Services firms.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friendRepost This

Suburban Philadelphia, PA (PRWEB) June 15, 2014

Bedford and Main Financial Consulting has joined forces with LaRoche Research Partners to serve clients looking to strategically grow their Broker/Dealer firms through mergers and acquisitions. The combination of unique industry specific research data with a deep book of personal contacts and will allow the JV to discover business opportunities that are mutually beneficial for both sides of the transactions.

The motivating factor to forming the JV originated from potential clients who voiced frustration with the difficulties of identifying growth partners. Both firms recognize the fact that the increasingly competitive and strict regulatory environments have forced over 20% of Brokerage firms to close their doors in the past few years and believe this pattern will continue. Those licensed professionals remaining in the industry continue to seek fair compensation for the businesses they have created, while mid-size firms look for growth opportunities.

LaRoche Research Partners CEO, Greg LaRoche, noted that, “The relationship with Bedford and Main is a great fit and we are confident that it will prove to be a good long term partnership.”

John T Foster, President and CEO of Bedford and Main, views the JV as an ideal complement to the consulting services Bedford and Main offers to the Broker/Dealer community. “2014 brought in a number of M&A opportunities. These have been exciting to work on as they are such an easy fit to our core competencies servicing Introducing Broker and Correspondent Clearing services. When the chance to work with LaRoche Research developed, I was thrilled to partner with them to broaden our services.”

About LaRoche Research Partners, LLC
Founded in 2006 and based in New England, LaRoche Research Partners LLC is a boutique research firm that is solely focused on the broker-dealer industry. Its flagship product is the Broker-Dealer Database, which provides users the most comprehensive data available in the market today with over 170 data fields on each of the 4,500 broker-dealers registered with the SEC. In addition to the database, the company offers custom research reports that address key issues and trends in the broker-dealer marketplace. To learn more about LaRoche Research Partners, please contact Greg LaRoche at greg(at)larocheresearch(dot)com or 401-464-1879.

Contact Information:
Greg LaRoche
LaRoche Research Partners LLC
http://www.larocheresearch.com
greg(at)larocheresearch(dot)com
401-464-1879

About Bedford and Main Financial Consulting, Inc.
Based in suburban Philadelphia, Bedford and Main Financial Consulting Inc. was found in 2012 by thirty year industry professional, John T. Foster. Bedford and Main concentrates solely within the Financial Service’s industry, servicing Introducing Brokers, Clearing Brokers, Banks and all other financial related institutions. The firm specializes in conversions, systems integrations, compliance administration, M&A, strategic project initiatives, and other challenges requiring management experience and know how. Learn more about Bedford and Main Financial Consulting at http://www.Bedfordandmain.com.

Contact Information:
John Foster
Bedford and Main Financial Consulting, Inc.
http://www.BedfordandMain.com
609-707-1071


Contact