It's imperative that advisors who say they crave the feel and responsiveness of a smaller BD, perform an extra level of due diligence when choosing a small firm.
They need to dig into the financials and consider a prospective broker dealer's excess net capital and profitability. (They may be required to sign a non -disclosure agreement to get this information.)
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access