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Advisors: Before You Renew Your Broker-Dealer Registration

5 Questions to Ask Before You Renew Your Broker-Dealer Registration

Before you renew your registration with your current broker-dealer and begin paying all the fees associated with it — registration fees, regulatory assessments, platform fees, E&O premiums, etc., take a moment to consider your situation.

Stop and ask yourself these 5 questions:


1. Is my broker-dealer’s service level as good as it used to be?

Our response: Boutique service for every advisor.

2. Is my payout as high as it could be with another firm?

Our response: Payouts as high as 100% for 12 months.

3. Am I paying unnecessary platform fees with nothing to show for it?

Our response: Zero platform fees, just a single, flat monthly fee of $475.

4. Is my compliance department arrogant or accusatory?

Our response: Our CEO and CCO started out as advisors themselves, and their background permeates every decision we make.

5. Do I actually enjoy working with my BD?

Our response: Business is important, but we believe you should actually enjoy the people in your broker-dealer who you work with every day.


Committing to your current broker-dealer for all of 2021 is a big decision.

Before you renew, think about what next year could look like for you if you consider a new broker-dealer for your financial practice.

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