A criminal complaint says Gershon Barkany promised investors to use their money in “risk free” deals to purchase and then immediately resell at a profit large real estate properties in New York and New Jersey. Image: ThinkStock
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1. Advisors Are Rushing For The Exits

1. Advisors Are Rushing For The Exits


More than half of all independent advisors are over age 50, and that group controls more than half of all the revenue at independent broker-dealers and custodians, according to Tiburon. The glut of advisors in their 50s and 60s who are ready to move on has helped lower deal prices, according to Charles Roame, managing partner of Tiburon Strategic Advisors, in Tiburon, Calif.
So now's the time to start getting serious about taking the plunge.



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