Thinking About Starting a Broker Dealer?

Starting or Buying a broker-dealer is an important decision. Before moving forward, firms should understand the regulatory, operational and financial requirements involved.

It’s also important to note – a broker-dealer acquisition doesn’t have to include every business line the buyer ultimately requires (and a BD with those exact business lines may not be available for purchase). Compliance Exchange Group helps develop the required business lines, regulatory approvals and operational structure to configure the broker-dealer around the client’s intended activities and business objectives.

CXG can assist with:

• Starting or Buying a broker-dealer
• Developing the required business lines
• Preparing NMA and CMA filings
• Establishing compliance and supervisory systems
• Providing qualified outsourced principals
• Preparing the firm for operations

Every broker-dealer strategy is different. The process begins by understanding what the firm wants the broker-dealer to accomplish and then developing the regulatory and operational structure needed to support those objectives.

Whether you are considering an acquisition or starting a new broker-dealer, CXG can help you evaluate your options and manage the process from initial planning through regulatory approval and operational readiness.