San Jose, CA (PRWEB) December 09, 2015
CONCERT Advisor Services (http://www.concertglobal.com/advisor-services ) announces the launch of its “Enterprise” program organizing and integrating a suite of software, consulting services and financing tools for all Advisors interested in learning the value of their business, acquiring other practices or finding the right succession strategy for themselves. The firm has selected Keith Krueger to head up the program designed to position the firm as a thought leader and solution provider on the topic of the impending consolidation of the retail financial services industry.
“We estimate that the retail advisory industry could consolidate by as much as 40% within the next ten years due to demographic, technology and regulatory trends. Our goal is to help frame the conversation around this vital issue and we’re making out commitment clear by bringing in an experienced professional of Keith Krueger’s caliber to make it clear how important this issue is to the future of the firm.” Felipe Luna, CEO CONCERT Global.
The Enterprise program will provide various services designed to assist independent advisors with many of the unfamiliar aspects surrounding the purchase of sale of an advisory practice. The cornerstone of the platform will center on business valuation services to help advisors understand the value of their practice and provide a clear set of instructions for how maximize that value for themselves. Additionally, Enterprise will provide matchmaker services, purchase/sale consulting and deal structure management as well access to financing sources. The entire program will be back stopped by the institutional back offices services of the CONCERT Advisor Services platform to assist in the many logistical, data base and administrative tasks involved in the successful merger of acquisition of and advisory practice.
“When Felipe and I first discussed the Enterprise idea, I knew we were on the same page as it relates to changes in the markets that are affecting the transition process for RIAs in the future. CONCERT has all the tools and critical mass needed to build a unique platform that helps advisors in each step in their succession planning and also helps them achieve their monetization goals. Further we will be able to help advisors with the acquisition process, including valuation, deal structure and negotiation. I look forward to being a part of the CONCERT team and leveraging all the resources that can be made available to advisors needing advice about these topics in the future.
CONCERT Global is an Advisor Technology and back office services company providing a comprehensive suite of services to independent Advisors (IARs), Registered Investment Advisors (RIAs) and Broker/Dealers (B/Ds). Our fully integrated platform of technology solutions, technology services and administrative support offers increased efficiency and scale allowing our Advisors to focus on clients instead of the back office. CONCERT Wealth Management, Inc., its registered investment advisor affiliate, provides additional efficiencies to advisors throughout the country by leveraging strong industry relationships, back office and compliance services. The firm's Capital Management division also provides investing solutions to help advisors better serve their existing clients while cultivating practice growth.