Clearing the Way to Omnibus Broker-Dealer Registration
Smaller broker-dealers are facing intense market pressures at the moment. Fees are declining, and the big players are getting bigger. Digital broker-dealers might wonder whether they made the right move when choosing a fully-disclosed model instead of an omnibus model. Despite conventional wisdom, it is possible to convert to an omnibus model. Compliance experts can help you navigate the process. And the result? New revenue streams, and new ways to offer value.