How Broker-Dealers are Attracting Financial Advisors

In a competitive market, broker-dealers are struggling to find innovative ways to attract advisors. Some broker-dealers have found a way to stand apart from their competitors by offering a certain niche. They have figured out what financial advisors really want from a broker-dealer.

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Brokers Get Help In Deciding If The RIA Route Is Right For Them

Fidelity Investments joined TD Ameritrade in providing a web based tool that helps advisors who are considering leaving the wirehouses decide which independent model is best for them.

The “Financial Advisor Economic Estimator” tool enables advisors to compare the wirehouse model to three common independent business models:

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