Regardless of which platform you choose, there are several questions you may wish to consider. Because of the wide range of fee-based programs available, you’ll have to make some important decisions regarding what type of account(s) you’ll want to set up.
Will I personally manage the fee-based business?
Will my client, with my assistance, manage the account?
Will my client and I rely upon a third-party professional manager?
What products will fund the portfolios?
Do I personally wish to be an asset manager or an asset gatherer?
Do I need "discretion?"
Which clearing platform offers the best program(s) for my needs and the needs of my clients?
Summit will consult you in finding the best fee-based option for your practice.