[quote=BankFC]

Joe,

UVEST, our B/D, has been acquired by LPL last year.  We have been integrated into the LPL platform.  They are no longer focused strictly on the indy adviser.

LPL is great, end of story. RJ indy think you work for them. Any questions.

I thought UVest was still clearing through pershing and using their platforms?

Bump (for advisor5)

I’m reading this interested in both RJ and LPL. Don’t do bond business directly, leave that to SMA and mutual fund managers. Do $1,2mm in production with another Jr. partner. We have created our own logo and look so don’t want to lose that, current clients and communities in which we work know us that way.

95% is fee advisory business. Do financail and estate planning along with investment advisory within the context of those.

Thoughts on either of these firms for us?

The use of your own logo and name is a complex matter these days if you wnat to stay out of trouble. We have i the past accomodated this sort of business properly. call me at 218-681-7344.
Mike Jordan

LPL, allows you to own and run your own business; including using your own logo!

Worked three years at RJA and about 3 years at RJFS. IMPORTANT unless you are large enough to be your own Branch Manager, stay away from RJFS. I worked for two who seemed nice at the start, but turned out to be certified nuts. And at RJFS that branch manager owns you, your book and your clients. And you will get -0- help from people at headquarters like Matt R, who will always side with the Branch manager. It is a shame because RayJay is a great firm to work for, a company I was proud to work for. If you have a family and need benefits, look seriously at the RJA side. And ask yourself why so many very large producers do NOT go indy. There is a huge benefit and overhead tied up in being independent. I was very happy at the Branch, and I have nothing negative to say about the RJA side.

Can anyone provide color on the $30 bond ticket charge referenced in the April 20th, 2012 RJFS firm brochure? Is this charge only for clients enrolled in an advisory program or do transactional clients get whacked w/ this as well? I can’t imagine any client being happy to pay a $30 service fee when they buy a bond.

any updates? Obviously Wachovia isn’t an option any more. How do you guys feel about LPL versus RJ at this point? Thanks for the info!