Utter
Discretion is Necessary… How do You Protect My Identity?
Broker Dealer Market will never release any recognizable
details about your firm until the potential Buyer has been
qualified, and brought to your attention. If - and only if
– you are comfortable talking with this buyer, then we’ll
introduce you. But first, the buyer must sign a
confidentiality agreement. If necessary, we will change
relevant details in the description of your company to
disguise your identity. Our reputation is built upon our
discretion. All inquiries are held in strictest
confidence.
Why Do People Sell Good,
Clean, Profitable BDs?
There are as many reasons as there are individuals. But
the most common are 1) the owner, after successfully
building his business over many years, has decided to move
on 2) the owner is simply tired of the regulatory
responsibilities of running a BD, and wishes to move on
and 3) personal obligations will not permit the owner to
continue producing at the current level.
How Long Does It Take?
The time varies by situation. Many owners who are set to
retire are very concerned about finding the RIGHT buyer
who will protect the legacy he has built; sometimes a
match happens very quickly, other times months go by. The
regulatory process itself may take as little as thirty
days in some jurisdictions, and several months in others.
The sooner BDM knows the owners requirements, the sooner
we can locate a potential buyer. If you are selling a
clean shell with no production, turn around time is
currently very fast.
What do I need to do to
Sell?
The
decision to sell can be a very difficult one to make.
Please contact BDM to discuss your goals in confidence;
there may be better alternatives. Once the decision has
been made, however, there is a certain pattern of steps
that BDM has found over the years to be very common. It is
described in general terms in the “process for sellers”
document, found
<<HERE>>.
What is My
Company Worth?
Broker Dealer Market determines a valuation based on
accepted industry practices, with recognition of current
market dynamics and other proprietary factors. We have
found that owners of producing BDs are often pleasantly
surprised. Please fill out a profile, and contact us in
confidence.
I Just
Received a Withdrawal Letter From the NASD. Can I Still
Sell My BD?
Yes. But you’ll have to act quickly.
the
clean company you have maintained will have value. Often,
individuals withdraw from the marketplace, and simply
close down their companies. This is a shame, since there
are Buyers out there who would appreciate an opportunity
to purchase a clean shell, and avoid the lengthy and expensive process
of starting from scratch. Please call BDM immediately if
you or anyone you know receives such a letter.
Contact us in confidence immediately if you receive such a
letter.
I’m a securities consultant.
Can you help me increase my business?
BDM is always looking for top talent. If
you have an expert talent in a brokerage related field,
posess the highest levels of integrity, and have a
powerful drive to succeed and exceed expectations, BDM may
have a challenge for you! Over the years, we have grown to
service an ever widening area of practice. Our associates
are all experts in their areas of practice, many of them
former CEOs, COOs, CFOs, Compliance Specialists,
Securities Lawyers, etc. Soon, this business will be spun
off, as a separate company: BDMatch. Join us, and wake up
excited each day. Please see additional information,
located
<<HERE>>.
