Case Studies

Large Bank Independent Broker Dealer (BD) Breakaway

Written by Adhesion Wealth | Jul 29, 2024 8:33:03 AM

An Advisor and his partner, after departing from the large bank BD, sought to replicate a UMA solution for a significant block of accounts previously managed under BDs’ DMA solution. They primarily operated their business using Schwab’s rebalancer; however, this particular block was comprised of their ultra-high-net-worth (UHNW) clients and was fundamental to their operations.

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