Where is the best place to find a retail group that wants a95% payout as an OSJ and get 50 million in ASSETS?

Jun 18, 2010 1:57 am

Our broker dealer would like to find a group of professional retail brokers that would like to operate as an OSJ under our firm in the Tri-state Area.  The parent branch has $50 million in retail assets available to take over for the right broker or group.

Jul 8, 2010 10:44 am

good offer

Jul 8, 2010 4:21 pm

The Tri-state Area

Jul 9, 2010 11:08 am

I dont see why you would need several people to manage $50 million.   The best way to get qualified interest would be to answers these questions:

How many clients or what is the average size balance?

What is the trailing twelve?

Is it mainly transactional or fee based?

Primarily equities or fixed income?