Investacorp

Mar 21, 2007

  1. joshril
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    joshril Guru

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    Has anyone ever heard of Investacorp? I'm looking for a broker/dealer to submit my securities business through and their deal is the best I have found.

    I only pay my licensing fees, $259.50 one time for fingerprints, bonding, etc, and $200.00/yr for an office inspection for compliance purposes.

    They also offer a free website, and all technology they offer is free. Plus they say commission structure is in 85% of GDC range. I have the paperwork and cannot find any hidden fees or minimum production requirements. The gentleman I talked to said if I produced $500,000 in fund and $250,000 in annuities annually (which is my estimation this year) they will have no problems with that.

    Too good to be true?
     
    joshril, Mar 21, 2007
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  2. natem2112
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    natem2112 Super Genius

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    Well, you know what they say, if it sounds too good to be true then it is.

    On the other hand, I don't deal with this side of the business at all, so you'll just have to wait till some smarter answears your question.

    Good luck in the mean time!