Broker Dealer Checklist

Do Your Due Diligence...Start Here.

Considering a change? Use our broker/dealer checklist to help guide your research
It's common sense to do your homework when considering your broker dealer options. Make sure you get the full story by ensuring they offer the commitment to your independence, high end features, and technology the top broker dealers support. There is a lot to consider, but it is well worth your time to make an informed decision.

Choice of affiliation model (independent, branch, employee)?			Yes    No		Yes    No
Own your own book of business?			Yes    No		Yes    No
Clearing through industry recognized Pershing?			Yes    No		Yes    No
Can choose deferred compensation?			Yes    No		Yes    No
Dedicated home office service team?			Yes    No		Yes    No
Fiscally stable broker/dealer?			Yes    No		Yes    No
Nationally known name for financial services?			Yes    No		Yes    No
» Products and Services
Asset Management programs?			Yes    No		Yes    No
Fee based programs?			Yes    No		Yes    No
No-load mutual funds?			Yes    No		Yes    No
Insurance General Agency?			Yes    No		Yes    No
Bank services?			Yes    No		Yes    No
Rule 144 & 145 stock program?			Yes    No		Yes    No
Cashless Stock Option program?			Yes    No		Yes    No
Transfer on Death (TOD) accounts?			Yes    No		Yes    No
RIA services?			Yes    No		Yes    No
» Technology
Real-time quotes?			Yes    No		Yes    No
Secure, encrypted network?			Yes    No		Yes    No
Real-time client account access?			Yes    No		Yes    No
Access to technology platforms anywhere via internet connection?			Yes    No		Yes    No
Consolidated statements, including annuities?			Yes    No		Yes    No
Annuities also listed on statements?			Yes    No		Yes    No
Document management system?			Yes    No		Yes    No
Toll-free technical support?			Yes    No		Yes    No
Financial planning software?			Yes    No		Yes    No
Asset allocation software?			Yes    No		Yes    No
Can clients access personal account online?			Yes    No		Yes    No
Can clients view statements online?			Yes    No		Yes    No
» Marketing
Access to client marketing materials? (Brochures, newsletter, scripts, seminars, letters)			Yes    No		Yes    No
Internal newsletter?			Yes    No		Yes    No
Online access to marketing support and partners?			Yes    No		Yes    No
New rep referral program?			Yes    No		Yes    No
Advisor web pages allowed?			Yes    No		Yes    No
» Transition Services
Dedicated transition consultant assigned?			Yes    No		Yes    No
Technology and operations orientation provided?			Yes    No		Yes    No
Investment advisory services orientation provided?			Yes    No		Yes    No
Registration orientation provided?			Yes    No		Yes    No
Education / marketing orientation provided?			Yes    No		Yes    No
Compliance orientation provided?			Yes    No		Yes    No
Full medical benefits offered?			Yes    No		Yes    No
» Education
National education conference?			Yes    No		Yes    No
Regional education conferences?			Yes    No		Yes    No
Continuing Education Credits For Firm Element, Insurance, CPA, CFP?			Yes    No		Yes    No
Regularly scheduled training on technology?			Yes    No		Yes    No
Specialized education courses?			Yes    No		Yes    No
Live online education courses/seminars?			Yes    No		Yes    No
Recorded courses available online 24/7?			Yes    No		Yes    No
» Business Development
Dedicated business development support team?			Yes    No		Yes    No
Demonstrated success in coaching advisors to increase production?			Yes    No		Yes    No
Practice management coaching programs?			Yes    No		Yes    No
Commission to fee-based coaching program?			Yes    No		Yes    No
Dedicated branch recruiters for OSJ offices?			Yes    No		Yes    No

How do the other broker-dealers stack up? Get the insight you need to double your business. Call us today at 1-866-462-4432 for a confidential conversation with one of our consultants. Or, click here to complete a quick contact form and we'll get you additional information.

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