TITLE

Why Not a Fee-Only Broker/Dealer?

AUTHOR(S)
Boone, Norman M.
PUB. DATE
March 2001
SOURCE
Journal of Financial Planning;Mar2001, Vol. 14 Issue 3, p30
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article presents strategies for financial planning companies. According to the article, the structure of the financial services industry basically divides itself into two parts. The National Association of Securities Dealers broker/dealer communities offers its representatives certain centralized services, allowing the individual offices to access these services as needed. The fee-only community necessitates each office doing everything on its own. By pooling resources, it would become possible to improve due diligence on various products. It would be possible to develop a broader range of products so that the individual offices could personalize their offer to best meet each client's desires, ranging from individual stocks to turn-key mutual fund or separate account manager programs.
ACCESSION #
4194153

 

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