Chances are every benefit broker and adviser has thought about their options for survival in the future more than a few times, even in the last week. And regardless of the size of your independent employee benefit brokerage, youre probably seriously considering at least one of two options partnering up with other benefit firms, or being acquired by one.
Industry experts agree that brokerage acquisitions are rampant. While this may be a good option for older brokers looking for a succession plan, brokers who want to exit the industry entirely or others who weigh the pluses and minuses and find a sale in their favor, its not the only way for a broker to continue their work and service to clients for years to come.
