Sales have doubled over the past four years. The company recently added a group of wrap-fee investment products. In wrap-fee programs, customers pay an asset management fee for ongoing investment services rather than paying a sales commission. Over the past three years, the company has replaced all its major business systems and increased the number and types of services available to registered reps and their clients. Registered representatives can use the Internet to request licenses and NASD registrations and perform customer account inquiries.
Consumers also can perform account inquiries online.
Mr. Rickson said the systems are the most advanced among national broker-dealers. Timeless - Celebrating 150 Years of History. All rights reserved.