Can One Sell a “Shell” Broker Dealer?
Yes. And the process is neither difficult nor time consuming, from a sellers perspective. There are many buyers for clean shells, ranging from registered reps starting their own broker/dealers to major financial institutions that need a broker/dealer to accomplish a structural goal. We are constantly vetting buyers and sellers of clean broker/dealers. And our process preserves strict confidentiality; your firm will never be openly shopped. Potential Buyers will not know the name of the firm until you have given us specific permission to release the name. What is the Process? The first step is to make confidential contact with BD Exchange. You will be given a dedicated, experienced team that will guide you through the entire process. Our process is comprehensive, and we will assist you at all stages to ensure a transition that you are comfortable with. We do not believe in wasting time – either yours or ours. Unlike “open” services, where buyers and sellers are simply put in touch upon
