Broker Dealer going out of business

We are an independent RIA in Upstate/Western NY with about $170M AUM. All of the Investment Advisors are also Registered Reps of a Broker Dealer. Our Broker Dealer is going out of business/merging. We are in the process of doing our due diligence. Does anyone have a BD in mind that they have had success with doing BD business and also having an independent RIA?

Thanks in advance,
Stephanie Kelm, IACCP(r)


  • Have you looked into NFS (Fidelity), or LPL? A lot of the independent
    models have great success with LPL.


    Dee X Gibbons
    AVP Manager, LCO Asset Management- Compliance | HSBC Global Asset
    Management (USA) Inc.
    452 Fifth Avenue | 7th Floor | New York, NY | 10018

    Phone ( 212 ) 525 - 0799
    Mobile ( 201 ) 234 - 1911

Sign In or Register to comment.