Broker Dealer with Low Minimum Production

Jul 8, 2015

  1. jthomas
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    jthomas New Member

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    Insurance agent looking for a broker dealer with minimum GDC production without huge monthly fees. Was a captive agent moved to independent and lost my B/D with the move? Estimated - 3 to 10K in GDC in a year.

    Thanks-
    Jeff
     
  2. xrac
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    xrac Guru

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    Is it really worth the cost and headaches for that small amount of production. E&O from most BDs is around 2k.
     
  3. Golfnut2112
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    Golfnut2112 Guru

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    Look at ONESCO expecially if you do life insurance with Ohio National.
     
  4. indycfp
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    indycfp New Member

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    Please PM me for recommendation. I'm in a similar situation to you. About 20k of securities with most coming from insurance. I do, however, need those relationships not for the earnings but to keep the whole client profile myself. My place has no monthly fees in the first year and no production minimums. You can also buy your E&O outside the firm, rather than being forced to buy theirs.
     
    Access Fin likes this.
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