In the most recent move by a large firm to help planners solve pressing succession issues, Cetera Advisor Networks is now offering its regional directors, s well as other small- to mid-sized broker dealers, the opportunity to sell their businesses to Cetera.
In November, Schwab announced a pilot lending program that provides financing for junior partners seeking equity in a firm. That program is targeted to planners with more than $400 million in assets under management and at least three existing senior principals.
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