Mega Teams, defined as financial teams with five or more advisors, have grown by 83% from 2018 to 2022, a trend accelerated by the pandemic. These teams offer increased capacity, specialization, and the ability to handle complex client needs, making them highly competitive. Key drivers for their growth include succession planning, team mergers, and the demand for diversity. While Mega Teams face challenges like leadership and integration, their benefits, such as growth potential, career development, and enhanced client services, outweigh the obstacles, making them a powerful force in wealth management.

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