Purchasing a Broker Dealer or a Registered Investment Advisor (RIA) is a step-by-step process, and can, on many occasions, be accomplished in a very short time and in some cases just a few days, with no downtime. Two of the most frequently asked questions by prospective buyers are “How long will it take?” and “What will I need to do?”

In practice, the time required from initial request to closing date will vary depending on a number of factors – complexity of the arrangements, how prompt the parties are in producing all necessary documentation, and what kind of work load the regulators are under at time of documentation submission.

Broker Dealer Market specializes in this niche market and can guide you through a smooth transition. Should you initiate a purchase, you will be sent a set of instructions and procedures that must be followed.

The Buying Process represents a typical process for buying a Broker Dealer. It is written to give you a conceptual understanding of the process and timeline.