- Hybrids, Independents, and RIAs: You can gain easy capital to start your own firm but you’ll give up equity. Pure play independence gives up less. Both options offer tier-one custody.
- RIAs are Less Risky: Brokers seeking independece are choosing to “tuck in” to existing RIAs rather than creating their own infrastructures and putting their own capital at risk..
- Roping in Admin: Brokers are inviting treasured admin staff to participate in their business on a percentage basis.
- Accouting Rules Targeting International: A new accounting rule may require that Brokers moving their ineternational clients will need to prove that thier money is clean.