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Securities and investment advisory services are offered through Sovereign Global Advisors, Registered Investment Advisor and members of FINRA and SIPC.

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What Is An Independent Broker/Dealer RIA?

November 29, 2017

 

 

A broker-dealer is a firm that processes orders for its clients and for its own benefit.  As a result, sometimes the firm acts as a broker.  And, other times it acts as a dealer.  When a financial advisor, or registered representative, executes a “buy” or “sell” order on behalf of an individual investor, the broker-dealer with whom that advisor is registered will execute the trade in its role as a broker.  When the firm itself executes a trade for its own profit, then it is acting in its role as a dealer. An Independent broker-dealer, like Sovereign Global Advisors.

 

An RIA is a Registered Investment Advisor engaged in the business of offering investment advice and management services to clients for a fee.  An RIA, as its name suggests, is registered with the Securities Exchange Commission (SEC) and/or its local state securities authority. Sovereign Global Advisors is a broker-dealer RIA.

 

Now that you know what a broker/dealer RIA is, it’s time to talk with you about Sovereign and explain how we plan to use this blog going forward.  Our mission is to recruit the very best independent advisors and provide them with everything we can to help them succeed.  That’s why we’re re-energizing this blog.  In the coming weeks we will post messages here that will relate directly to your success.  The topics we’ll explore will include advice on Client Service, Compliance, Topical Industry-Related Information, Investment Insights, Motivation, Practice Management, and Growing Your Independent Business.  Sovereign Global Advisors is here to help you succeed in an increasingly competitive environment.  So, who can back that up?

 

Sovereign was founded by a registered rep, just like you.  He sought to create a broker/dealer RIA focused on the registered rep…again, just like you!  The messages we’ll post to this blog will come from some of the most experienced practitioners in the business.  The authors of this blog have contributed to textbooks and written millions words on the subjects outlined in the previous paragraph.  Their real-life experience as financial advisors, planners, ad investment managers dates back to the 1980s.  And, the insights and advice that you’ll read in this blog will come from a vast and deep understanding of what it means to be a registered rep.

 

And, we want to encourage you to join in the conversation.  Share your thoughts and experiences and post comments and questions here.  Ultimately, our goal is to help you attain your goals.  We invite you to learn more about Sovereign Global Advisors and explore what a truly great independent broker/dealer RIA can do for you.  So, we hope you’ll join us as we work to help you run your business and serve your clients at the highest and most competitive level possible.

 

Sovereign offers you a platform that provides all of the back office support and compliance safeguards you’ll find at a national wire house.  The difference is that you’ll enjoy more autonomy, greater marketing support, and a higher payout – up to 100% for qualified reps.  So, come take a look at Sovereign Global Advisors and see what a truly independent broker/dealer RIA can do for you!

 

 

 

 

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