Financial Advisor Placement Services is the Premier Placement firm in our industry!
Financial Advisor Placement Services was founded in 2009 by Shawn Smith to meet the needs of the financial advisor who is considering a move to an Independent Broker Dealer. We work as the broker’s “agent” to help the advisor find the firm to meet their professional requirements in order to best serve their clients. Financial Advisor Placement Services will sift through the many National, Regional and Independent broker dealers, and RIA firms, and help the advisor to answer the questions which accompany a firm change. We have developed many relationships with the decision makers at the firms we represent.
We will help you select the best Broker-Dealer for your practice by identifying: the appropriate size, culture, product set, clearing platform, technology and back office support for your practice. We will then negotiate the best deal possible for you, as we have leverage with the firms that we represent.
Our sole focus is on placing financial advisors with a new Broker-Dealer or with RIA firms. We do not get involved with recruiting people to other industries or positions, like many of our competitors. We feel that the function of providing financial advice is very important, so we pride ourselves in exclusively serving this market segment. We will give you the personal and professional attention that you need in a confidential manner.
We have also sell broker dealers, and financial practices. Advisors wishing to either retire or leave the business contact us to help them sell their practice. We have a vast broker dealer network to sell into, and we use our close contacts to bring buyers “to the table”.
Financial Advisors who want to change firms, usually don’t have the background, knowledge, or time to have numerous discussions with many broker dealers. Your decision to find your next broker dealer is an important one. You will want your next broker dealer to fit your practice, and that’s where we add value-in sorting through all of the firms and identifying the ones to fit your needs and personality.
We work closely with many broker dealers, where we know the key decision makers well. We will familiarize you with these firms so that you can understand their culture, products, platforms, and introduce you to their key executives. We will act as your “agent” to negotiate the best deal possible.
No matter how much or type of business you do, we want to work for you! Many of our competitors only focus on the large producers, we want to work with financial advisors of all backgrounds, product mixes and production levels.
Broker Dealer or RIA?
We work with several Registered Investment Advisors where you can join their firms, if you want to go that route. You can either “plug into” and existing RIA or we also work with consultants who will help you start your own.
Domestic or International Broker Dealers:We represent broker dealers who work with both domestic as well as international clients. We have placed financial advisors who have financial practices outside of the United States.
Small, Mid or Large Broker Dealers:
We represent small and mid-sized Independent broker dealers as well as larger national firms and also work with many firms that offer high payouts with low cost. We represent boutique firms that specialize in certain product sets. Clearing firms include: Pershing, National Financial, First Clearing, Raymond James, RBC, Wedbush, Southwest, Sterne Agee, TD Ameritrade, Schwab, and Core. We also work with some regional and national firms which are self-clearing such as Linsco Private Ledger, and Janney Montgomery Scott.