Annual Fees:
Registration Fees and Continuing ED
- FINRA Annual Registration Fees and Branch office fee.
- State Registration Fees: Vary depending on each annual state fee:
- Firm Element Continuing Education- $25 per year through an online vendor
- Regulatory Element Continuing Education – $56.00 every three years
Monthly Fees:
- Combined Fee – $205.00 per month; includes E&O, technology, and compliance. This is the total recurring monthly fee that our advisors pay the firm.
- Platform fee – First Clearing Smartstation – $70.00 – $145.00 monthly depending on platform options.
- Changes to your CRD file such as new state registrations or disclosures: these are billed to us monthly and are passed on as they occur.
- There are absolutely no additional technology, back office, or compliance fees.
- Disclosure reporting fees entered on the FINRA CRD system are passed on to registered personnel on a per-occurrence basis.
Category:
Brokers