Broker Dealer Services for Independent Investment Advisors

Independent Investment Advisors have a fee-based advisory agreement with clients. May be required to pay administrative or other fees to the broker/dealer. Fees can be hourly, a flat rate, and/or a percentage of assets (asset based).
Independent Investment Advisors may also act as money managers and/or portfolio managers. Having a discretionary agreement to manage client portfolios according to objectives and parameters set forth in advisory/asset management contract.
Independent Investment Advisors have the freedom to manage clients' portfolios based on investment objectives outlined in Advisory Agreements. Since the Independent Investment Advisor's compensation does not depend on transactions, fee only agreements eliminate any suspicion that transactions are being done to generate commission. Many clients prefer this alternative since they feel it best aligns their interests with those of Independent Investment Advisor.
Independent Investment Advisors are independent contractors - self employed or employees of their own firms. In many states they are required to be registered and to hold a Series 65 license.
Independent Investment Advisors have the opportunity to build equity in their own business.
Broker WebStation enables Independent Investment Advisors with turnkey scalable trading and risk management solutions.
Broker WebStation allows Independent Investment Advisors to add value to their client relationships by providing them with internet service through which they can monitor their accounts and/or trade.
Through Broker WebStation, Independent Investment Advisors and their clients have access to all investment products and financial services offered by WallstreetE and its partners.
Trades placed using Broker WebStation will be processed through WallstreetE and executed by Ridge Clearing - Division of Broadridge Financial Solutions, Inc.
All trades are cleared by and accounts are held in custody by Ridge Clearing, a division of Broadridge Financial Solutions, Inc.
Broker WebStation may be "private labeled" empowering Independent Investment Advisors with "Big Enterprise" capabilities. On the internet, Independent Investment Advisor customers and prospects only see the Independent Investment Advisor's name / logo.
Independent Investment Advisors have ongoing support from WallStreetE's HCRM (Human Customer Relationship Managemnet) staff to help them with all aspects of servicing their clients and managing and growing their practice.