Sell Your Broker Dealer
We are currently working with several well capitalized broker -dealers who are interested in buying smaller broker dealers or taking over their back-office operations. We have seen an increased demand from smaller broker dealers considering a sale. The pricing that these acquirers are willing to pay for a small broker-dealer is very aggressive.
There are several reasons why a broker-dealer may consider a sale:
1. Increased rules and regulations.
2. Increased costs associated with running the broker dealer. Especially compliance and legal costs.
3. Increased competition from larger broker-dealers.
4. Decreased profit from running the broker-dealer.
5. Increased financial reporting.
6. Taking time away from production.
7. Owners desire to exit the business.
8. Desire to outsource the compliance, legal, and clearing functions to another broker dealer.
9. Broker Dealers originally formed for business lines (like M&A) where market has seen decreased demand.
There are many smaller broker dealers who are finding increased costs associated with operations, compliance, legal fees, not to mention increased risk of arbitration. We work with broker-dealers who would like to speak with you if you are considering selling your broker-dealer or just want to outsource your operations, compliance, and legal functions. Please call us for a confidential discussion.
