Buy or Start your Own Broker Dealer?

1) Buying an existing Broker Dealer.

Buying an existing Broker Dealer is a very appealing way of being in business with no down time. This is true to a large extent depending on the following factors a) The lines of business that the existing Broker Dealer is approved for b) The current clearing agent c) The background of the Firm d) the seller’s willingness to work with the purchaser e) The purchaser’s expectations f) the purchaser’s qualifications and resources and g) no restrictions from FINRA.