WHY AAC

Why Join AAC Instead Of Establishing Your Own Broker-dealer

Operating an independent broker-dealer requires significant investment capital, dedicated compliance staff, ongoing regulatory oversight and operating expenses. AAC offers an established and economical alternative. Through affiliation with AAC, professionals gain access to a FINRA registered broker-dealer platform while maintaining independence in their advisory practice.

Our platform includes

Independence

Operate your advisory practice with minimal operational bureaucracy.

Compliance

Conduct securities transactions through a FINRA registered broker-dealer.

Infrastructure

Access experienced compliance personnel and regulatory infrastructure.

Economics

Avoid the substantial capital investment and operational cost of building and maintaining an independent broker-dealer.

Establishing a Broker-Dealer Typically Requires

  •  Significant capital investment
  • A lengthy FINRA membership application process
  • Ongoing FINRA examinations
  • A dedicated Chief Compliance Officer
  • Anti-Money Laundering (AML) and Know Your Customer (KYC) programs
  • Written Supervisory Procedures
  • Cybersecurity oversight
  • Email and communications surveillance systems
  • Regulatory filings and reporting
  • Continuing education requirements
  • State registrations
  • Annual independent audits
  • Incurring annual operational costs
The operational cost and regulatory exposure associated with operating a standalone broker-dealer can be substantial.
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Affiliation with AAC provides access to an established compliance framework without incurring the full regulatory burden and expense.
You remain entrepreneurial. We provide the regulatory infrastructure.