Transition

Tag Archives

Walnut Street Team Turns Down Cetera Deal to Join Boutique IBD

May 17, 2013by Grant Cox in News tagged , , ,

From WealthManagement.com

Walnut Street Team Turns Down Cetera Deal to Join Boutique IBD

Whoever said small IBDs were in trouble? A four-advisor team managing $145 million in assets is leaving Walnut Street Securities, which recently announced its purchase by Cetera, to join SCF Securities, a boutique independent broker/dealer based in Fresno, Calif.

Advisors Brett Langer, Keith Bandettini, Will Gingell, and Beverly Cox of The Summit Financial Strategies in Beaverton, Ore., turned down retention packages from Cetera to move to SCF.

Read more

6 Overlooked Criteria for Broker-Dealer Due Diligence

October 23, 2012by webmaster in News tagged , , , ,

When investigating a new BD, you may not be looking at the following criteria—but you should

It’s not surprising that when the majority of registered reps look to change their broker-dealer, they tend to focus on short-term factors and immediate satisfaction. Quick relief in the form of better technology and payout, ticket charges, expenses and transition support can be very attractive. However, focusing on the long-term benefits will go a lot further in securing a new broker-dealer relationship that will last.

Read more

Page 2 of 212