Shawn K. Smith is the Principal of Financial Advisor Placement Services and  founded it in 2009.  Shawn has 23 years of investment industry experience and has worked directly with Financial Advisors during this time.  Prior to founding Financial Advisor Placement Services, he worked at Ameriprise Financial as the Recruiting Manager for the Northeast.  Before Ameriprise, Shawn worked as a Vice President of Sales at Sun Life Financial, in Wellesley, MA.  Shawn was Assistant Vice President of Sales for Pioneer Investments in Boston and a Wholesaler at North American Funds in Boston in the late 1990’s.  Shawn holds an MBA, from Bentley University and a BA in Economics from Princeton University.

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.

For more details on our products and services, please feel free to visit us at Independent broker dealers,  Independent broker dealer firms and Broker dealer search

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.

Whether you are looking for an independent,  wirehouse, regional broker dealer, a selective broker dealer with high production requirements, a small broker dealer with low production requirements or the independent broker dealer with the highest payout or lowest ticket charges, or high transition compensation, we can help you find your new home.  After you tell us what is important to you and your clients, we will do the “screens” to fine you the best fit possible.

We represent both full service broker dealers as well as specialist firms that focus on certain product sets.    Some advisors are concerned with firms with high costs and production requirements.  We do business with firms that satisfy all of these problems, and have worked with them for years to “grow” their firms.   We have leverage with the firms that we represent, so we can get you the best offer available.   Let us do the due diligence and negotiations for you.

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.

Broker Dealer Sales & Financial Practice Sales:

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.

The firms that we represent pay our fee, so contact us for a confidential conversation.

We look forward to your call!

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