Benefits Think How strategic alliances help advisers survive and thrive

Published Updated 3 Min Read

  • Complementary domain expertise
  • Synergistic products or services
  • Different sales channels or markets
  • Non-duplicative carrier relationships
  • Compatible technological capabilities
  • A compatible management style, business model, structure and corporate culture
  • A shared vision for the future of the businesses
  • A stronger management team
  • New skills and expertise
  • A broader product set or service offering
  • Greater top-line revenue potential and accelerated growth
  • Greater operational efficiencies
  • Improved profitability
  • More lucrative carrier contracts and contingencies
  • Enhanced technology capabilities
  • A future merger candidate
  • A potential exit strategy for one of the advisers
Jack Kwicien
Managing partner

Jack Kwicien, an Employee Benefit Adviser columnist, is co-founder of Daymark Advisors, a Baltimore-based consulting and advisory firm. He is also the co-developer of the SMART Benefits Strategic … Read full bio


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