Broker Dealer Placement:
We will find you the best broker dealer that meets your needs. Financial Advisor Placement Services helps financial advisors sift through all of the options and questions involved in switching firms. We are experts in the independent broker dealer market. We also work with the regional broker dealers and Wire house broker dealers. The people at Financial Advisor Placement Services have been working with and developing relationships with independent, regional and national broker dealers since 2007. We understand the clearing platforms and product offerings and understand the firm's philosophy, so that we find the best broker dealer to suit your needs.
Process:
Our initial conversation will have one goal: to learn about your practice, your clients, and your requirements in a new broker dealer. We will start with our list of over 85 quality broker dealers and Registered Investment Advisory Firms. We will then create a short list of broker dealers to recommend for your consideration. Based on your initial feedback, we will then have initial, confidential conversations with these firms to see if there may be a good fit. Then next step is to arrange phone or video conversations with these broker dealers. With the firms that are of most interest, we will work with them to get competitive offers together and present them to the candidate.
We will work with you every step of the way as your "consultant" to work through the firm information, schedule calls and meetings, and give you advice on which offers may be more attractive. Whenever possible we would like to attend the conference calls with you if you prefer. We will do a "pros and cons" analysis or help you spreadsheet the value that each firm can bring to your practice.
Once the decision is made on which firm to go with, we get you engaged with that firm's transition team, to ensure a smooth transition. Our goal is to make this transition as painless as possible. In some cases, the broker dealer will place people in your office to assist you in moving your client accounts.
