Broker-dealers firms include the primary dealers and other traditional Wall Street organizations, as well as large commercial banks, investment banks, and even small independent boutique firms that cater to the wealthy.
Broker-dealers play an important role in the financial markets, as these firms provide the infrastructure that facilitates stock trading. In fact, if you want to buy stock, you must open a brokerage account through a brokerage firm. The brokerage firm makes sure you have enough money in your account to conduct a trade, facilitates the trade by interacting with stock exchange where the stock is traded, provides the computer systems that enact the trade and keep records of the trade.
It also handles the financial transaction between the buyer and the seller. And it facilitates future transactions (dividends, stock splits, corporate actions such as those that occur when preferred securities are called or stock splits take place).
With the help of OMNI, you are able to:
- Affiliate RIA survey lance
- Compliance and oversight functions
Wealth Management can mean a variety of different things. For your clients, it may mean the achievement of specific goals. For you, it likely refers to creating customized solutions that can help your clients achieve such objectives.
Whether you are looking to breakaway from a traditional wirehouse, or leave a private practice that won't cut it when it comes to truly running your own business, OMNI provides financial advisors with a simple and straightforward approach to both the financial freedom and ownership control that being independent can truly offer.
With OMNI, you can achieve the following:
- Freedom to make decisions that best serve your clients
- Flexibility to offer your client a wide range of services, not proprietary products you are pressured to sell
- Equity Ownership in your practice: by controlling your business, you will enjoy higher revenue that you can use to expand your practice and build value that you can capitalize when you are ready to retireESTABLISHED RIAS
You have worked diligently to build your practice to what it is today, and you shouldn’t have to worry about sacrificing your hard-earned retirement to maintain it. Succession planning is more than just selling your business or naming a successor: it is about transitioning your practice in a way that enables it to continue to grow while providing you the resources you need to retire.
Our consultants can work with you to develop a plan for maximizing the value of your practice throughout your career, ensuring that it becomes an asset that you can capitalize when needed.
OMNI can help you develop a plan to
- Maximize the value of your practice
- Plan for the transition or liquidation
- Identify buyers
- Negotiate terms and assist with valuation
- Manage the transition
As a financial advisor with a private practice, it is essential to truly attain control of your professional — and ultimately your personal — life. One of the big challenges about having your own business is trying to learn and manage all of the back- and middle-office functions of a private practice. These tend to be time-consuming and are not traditionally one of your core competencies as a financial advisor, creating inefficiencies and barriers to growth in your business.
OMNI offers a wide variety of turn-key solutions for Technology, Back- and Middle-office Operations, Compliance, Marketing, HR, and Products & Solutions so that the advisor can spend their time dealing with clients and building their practice.
Consider it being in business for yourself, but not by yourself.
OMNI can help you achieve control of your practice and expand your income with freedom to serve your clients your way.