Some broker-dealers used to proudly tout their friendly compliance policies. Now the world has changed--and advisors are far more concerned about the risk to their reputations and stability.
Longevity is perhaps the most underappreciated advantage of working with a broker-dealer. However, as the crisis of 2008 and 2009 demonstrated, it should be considered carefully by both individual investors and financial advisors. To be successful in organic growth and recruiting, the Broker- Dealer of the Future must make a strong statement about its own stability as an organization and its dedication to its strategy.
Stunning Transformation Six explores:
• Safety for Consumers Through Custody and Clearing
• A Culture of Risk Management
• Strategic Longevity as a Business Partner