“Mergers of physical brokerage firms will sort of be a blip and really have no discernable impact,” said Eric Sussman, adjunct professor of accounting at UCLA’s Anderson School of Management. “It’s just too fragmented of a business.” Low barrier to entry means that independent brokerages are regularly being created then later acquired, Sussman said, while new startups move to take their place."
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For media inquiries: JackSkelley@JSPRLA.com
For general inquiries: ziman.center@anderson.ucla.edu
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