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 & broker dealers.
Our sole focus is on placing finanical 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 & independent broker dealer.
The advisors we work with love our process, and it works. We just received a call from a lady advisor in Oklahoma who we placed a y4ear ago. She just called to thank us for a job well done. She had a registration challenge and a year ago, she was about to exit the business because she was so discouraged in her search. Once we spoke to her, we were able to find her several options. She decided to join a firm in FL and she broke away from her independent group and set up her own practice for the first time ever. In the beginning there were many challenges setting up her own office, setting up a high profile website, as well as moving her book of business. In the end, she called us to say that she was elated that she set up her own practice in 201 and that it was her best year as an advisor ever! And she has been in the business 29 years. It is stories like these that make us excited to help advisors succeed every day & Changing broker dealers
Since we have been in business, we have been getting calls from advisors who want to either buy or sell a book of business. With the aging of today’s financial advisor, the average age of the advisor is 58 years old. In this aging population, it only makes sense that some advisors will want to retire. Seeing this demand, we have accomodated these requests and have begun to help advisors sell their books and we have also helped smaller broker dealers sell their firms.
With a vast network of qualified buyers, we are able to “create a market” for the financial advisor and company owner to market their assets. Unlike other competitor firms, that simply send “blast emails” out to a wide area of financial advisors to get buyers, we use our personal relationships to provide qualfied buyers in a confidential manner with broker dealers who will financially stand behind the buyer. We always have the buyer and seller sign a non-disclosure agreement so that everything is kept confidential. We find that this is the best way to do business.
Financial Advisor Placement Services is the premier financial advisor recruiting firm, Independent broker dealer firms & Independent broker dealer payouts that specializes in placing only financial advisors. There is no cost to the Advisor.