B-Ds Have To Go Big Or Narrow, Cerulli Says
May 14, 2018 by Cyril Tuohy
Grow, specialize, merge or die.
That’s the message to broker-dealers struggling with thinning profit margins, according to a new report by Cerulli Associates.
Broker-dealers competing “with the highest degree of scale or niche specialization are best positioned for competitive strength and fiscal health,” the report said.
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Originally Posted at InsuranceNewsNet on May 14, 2018 by Cyril Tuohy.
Categories: Industry Articles