Within the next couple of months I will explore opportunities with banks in Michigan. I would appreciate recommendations on banks that are flexible (as flexible as banks can be) with their reps and allow them to do fee-based business where the rep selects the investments rather than a third party money manager.
Unless the B/D has a recommended list or individual stock models, I doubt you are going to find many bank management programs that are going to let you run investment models "naked."
For that matter, even a wirehouse will only back your recommendation if it was theirs also.
If you have your CIMA or CFA why don’t you become an asset manager & sell your services to reps?
You could try trust departments.
A firm I used to work with had someone doing something
similar for fee-based accounts.
Comerica is the largest bank in Michigan…start pounding on doors.