The Alliance of Independent Broker Dealers (AIBD) is a nonprofit mutual benefit corporation founded in 1980 by a group of independent broker dealer who are dedicated to jointly reviewing investment products. The AIBD and many of its members are headquartered in Northern California.
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, Broker Dealers product mixes and production levels.
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.
OSJ Producer Groups:We are successful at placing OSJ Producer Groups, in order to find the best packages available in a competitive environment. Confidentiality is crucial during this process.
We act as consultants to sell broker dealers, or advisor financial practices. We have a vast network to market private sales. We work with broker dealers who want to sell their firms or simply outsource their back office functions.
When referring to broker dealers closing down, these firms should be segregated from the data to show a more accurate picture of the retail broker dealer landscape and to help us better understand how the retail IBDs are doing. This would greatly reduce the reported number of IBDs, on the retail side, who have exited the business.
We have recently done research and found that about 40% of the micro broker dealers are not retail broker dealers but are set up to transact many other types of business such as: investment management, mutual funds, institutional business, private placements, REITs, investment banking, foreign business, trading, and mergers and acquisitions & broker dealer.
At many of the micro broker dealers, the owner or one of the partners of the firm is usually involved in other corporate functions, such as compliance or the back office operations in addition to being a producer, in order to be profitable. The majority of these firms are continuing to weather the storm without any plans to close up shop.
Financial Advisor Placement Services is the premier financial advisor recruiting firm, Independent broker dealers & Independent broker dealer payouts that specializes in placing only financial advisors.There is no cost to the Advisor!